Just a couple days ago, the biotech company Illumina revealed their new machine that can sequence the human genome for $1000.
Ever since the early 2000s, scientists have been talking about a "$1000 genome." People have worked on improving and putting out new technologies to effectively sequence a full human genome at a low cost with high throughput fashion for scientists to perform more efficient clinical diagnostics and research. www.ncbi.nlm.nih.gov/pmc/articles/PMC1779559/
Here is a news release from Forbes:
More about Illumina's new sequencing system:
I found this particular graph from the above website interesting (comparing the rapid decrease of sequencing costs with Moore's law, a law that says computer processing power doubles every two years):
The 2014 data point marks the goal Illumina has reached with the new $1000 genome.