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Projector lamps for your home theater projector will be something you need to keep in mind as they are expensive. They can run you anywhere from $200 to $1000, with an average price of about $350. Life span can be anywhere from 1,000 hours up to 4,000 hours. When you make the purchase for your new home theater projector make sure you are aware of the life and cost of the lamp your new system will use. This may actually become a determining factor in the choice you make, since the replacement cost for lamps are all part of the overall investment for your projector.