The evolution of technology education in Kenya has been influenced by multiple factors, among which cost remains a critical determinant. This study examined the influence of cost on the evolution of technology education at Murang’a University of Technology. A mixed-method design was adopted, collecting data from 120 respondents, including students, academic staff, and administrative staff. Data were analyzed using descriptive statistics, Pearson correlation, and linear regression. Findings revealed that high tuition fees, inadequate government funding, and the rising cost of infrastructure significantly constrain the evolution of technology education. Regression results indicated that cost explained 38.2% of the variance in technology education development (R² = .382, β = .618, p < .01). The study concludes that affordability and sustainable financing mechanisms are essential for advancing technology education. It recommends enhanced government subsidies, expansion of financial aid schemes, and university–industry partnerships to mitigate cost barriers.