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The cost of replacing your projector lamp can be expensive -– from $150 to more than $500, depending on the projector type. When you're looking to buy a DLP projector, this can be one of your purchasing decisions. Different projectors are rated for different life spans on their factory-installed bulbs. For example, some projector lamps are expected to last no more than 1,000 hours. If you plan to use the projector a lot and replacement cost is important to you, make this part of your purchasing considerations.