Is the average oil painting expensive? How much does an oil painting usually cost?

The price of oil paintings varies depending on the size, quality, author and age of the work. Generally speaking, oil paintings by famous artists tend to be worth more, while the prices of some ordinary painters and students' works are relatively low.

Specifically, in China, the price of an ordinary oil painting may range from a few hundred dollars to tens of thousands of dollars. For example, a lesser-known oil painting, measuring about 60cm x 80cm, may cost around 2,000 yuan. A work by a well-known painter, such as an oil painting by Xu Beihong, on the other hand, may cost as much as millions of dollars.

It should be noted that the price of oil paintings not only depends on the quality and value of the work itself, but also by the market supply and demand, the reputation of the auction house and collectors' preferences and other factors. Therefore, the price of oil paintings is more complex changes, need to be analyzed on a case-by-case basis.