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Funds raised US$462,511,217
Nets funded 224,348,424
People protected 403,827,163

LLINs are now close to US$3 per net

Over the last five years or so the cost of a long-lasting insecticide treated net (LLIN) has come down from US$5 per net through US$4 per net to now close to US$3 per net.
We believe the drop in cost per net is in part due to an increase in volume of net orders (the global quantity of LLINs distributed over the last few years has been approximately as follows: 2004: 6m, 2005: 19m, 2006: 54m, 2007: 50m, 2008: 69m, 2009: 102m, 2010: 166m, 2011: 131m, 2012: 85m) and increased competition (there are now more WHOPES Phase 2 approved nets) which has had a downward pressure on prices.
While the actual cost of a particular LLIN will vary according to size, shape, insecticide composition and brand, the most frequently distributed nets are large, family-sized nets which cost between US$2.80 and US$4.50.
In our experience, non-net costs typically amount to US$1 to US$1.5 per net. Non-net costs means all costs for shipping and transport, all pre-distribution activities (including household-level surveys to establish net need), net distribution (including malaria education activities and independent supervision), and post-distribution activities (including monitoring of monthly malaria case rate data and 6-monthly post-distribution surveys over a three year period post-distribution). 
We are sometimes asked what profit the manufacturers of nets make on the nets they produce. We do not know the answer to this question albeit we would be interested in knowing.