Cost of the Lights. Low-end recessed lights cost between $20 and $60 each. Higher-end, low-voltage recessed lighting can cost $75 to $150 or more per light. Each light requires a housing that goes into the ceiling and a trim that covers gaps between the housing and the drywall.
Key Differences Between LED and CFL Bulbs. 1  The LED bulb stands for Light Emitting Diode, and CFL stands for Compact Fluorescent Light. 2  LED bulbs are more energy efficient than CFLs. 3  The LED bulb consumes less electricity than its counterpart CFL 75% a year in energy cost.
LEDs are notable for being extremely long-lasting products. Many LEDs have a rated life of up to 50,000 hours. This is approximately 50 times longer than a typical incandescent, 20-25 times longer than a typical halogen, and 8-10 times longer than a typical CFL. Used 12 hours a day, a 50,000 bulb will last more than 11 years. Used 8 hours a day, it will last 17 years!