Looking for a great TV under $500 in 2012?

Once upon a time, people used to spend their free time talking and playing creative games. Those days are over and the TV is one of the central entertainment products in any home. It is amazing that your TV can become your babysitter.

Modern television combines visual stimulation and interactivity. It is now possible to connect your computer to your TV and also surf the Internet using your keyboard and television monitor.

In some homes, every member of the family has a separate television. One of the reasons for this is that you can now buy TVs at affordable prices. For those looking for the best TV under $500, you can check out the list below.

Panasonic TC - P42X3 - 42

Best Television under $500Credit: AmazonIf you want an affordable plasma flat screen TV, this Panasonic offering will give you what you want. It is a 42 inches TV that will provide great quality images.

It comes with Internet connectivity, two HDMI connectors, USB ports for connecting USB-based multimedia devices, and DLNA connectivity that will allow you to share multimedia information between different electronic devices that supports the standard. You can purchase this Panasonic TV for $450 at Sears.

Samsung - PN43D450 - 43

Best Television under $500(89895)Credit: AmazonAnother affordable TV with plasma technology is this Samsung PN43D450 that cost $499 at most retailers. This 43 inches plasma TV is wide enough for home entertainment video viewing. It does not feature high-definition but that is not an issue because you will still get great video image quality.

It comes with two HDMI ports and a single USB port. This is a flat screen TV, but, it is not the thinnest out there. That said, it will not take up too much space in your living room or in wherever you might decide to use it.

Toshiba - 40FT2U - 40 LCD TV

Best Television under $500(89896)Credit: AmazonIf you want full HD experience, this Toshiba product will give you what you want. This is an LCD TV screen which will not give you the same level of quality like in the case of a plasma TV, however, most users will not notice the difference.

For those who want to get the most out of their TV screens, the 2 HDMI ports that come integrated with this device will allow you to connect other multimedia electronics to your TV. You also get a VGA port and a USB port that are great for connecting your computer to your TV. Most retailers sell this Toshiba TV for $470.

Philips - 40PFL5706 - 40

Best Television under $500(89897)Credit: AmazonIf you want a TV that is 3-D ready, this Philips 40” LCD TV is worth looking into. It features 178° viewing angle and 4 HDMI ports. You also get the usual USB ports and VGA ports.

This is also a full high-definition TV screen. It is a rather thin flat-screen at only 4.3 inches deep. You can also connect your TV to the Internet and get access to more online multimedia resources. This device is available for purchase at Walmart for $460.