Gene, I think it has been that price for awhile, then you need to add the regulator. I started to buy a new one then saw that my old Mirro still had parts available, so I think I'm just going to order back up parts and keep using it. Actually, I didn't use it at all this year because I could use BWB for everything I canned. I have been told that the old Mirro canners are OK, but the newer ones are not. The one you show above is the one I had been looking at though.