360-degree cameras are changing the way we look at the world – literally! So why should you pick one up?

With just a small 360-degree camera, you can capture your reality in a fully immersive, interactive way, allowing people to experience what it's like to fly a jet, explore the bottom of the ocean, be in the crazy crowd at the Superbowl, and so much more.

Besides capturing stunning photographs and videos, what else can 360-degree cameras be used for, and why are they worth spending money on? There are a ton of reasons why you should own a 360-degree camera; here are five of the best.

Costs are starting to come down

While some 360-degree cameras can be a wee bit expensive – Nokia's OZO costs around $60,000 – there are much much much less expensive options available out there.

Sure, you probably won't find a phenomenal 360-cam for less than $100, but think of what you're getting when you're looking to buy a camera like this! Spending a bit extra on a higher quality piece of equipment is the way to go so you can capture nearly real-life footage in the clearest ways possible.

You can find a good range of 360-degree cameras for less than $1,000 that still shoot amazing video and flawless photography. LG's 360 Cam costs less than $200 and has rave reviews online about the camera's photo and video quality, while the $400 360Fly captures incredible 360-degree footage in one convenient, wireless little ball.

Check out our list of the best 360-degree cameras that you can actually afford!

Some are small and portable

Most 360-degree cameras are wireless, tiny, and very easy to store & carry around, making them the perfect hassle-free tool to have in your arsenal.

While big DSLR cameras require storage for lenses, microphones, tripods, and all your other gear, a small 360-degree camera like the Ricoh Theta S is perfect for quick shooting and storage because it's only about 5 inches tall.

You never have to worry about setting up big rigs or scrambling to set up your gear to catch the perfect shot anymore. 360-degree cameras are portable and inconspicuous enough to be set up almost anywhere.

Complicated in the most simple way: They're easier to use than you think

Figuring out all the bells and whistles on a DSLR or even with phone photography can be a bit of a pain in the butt if you're not a pro or simply don't have the time to become a super expert with whatever you're shooting with.

Most 360-degree cameras are relatively simple to set up and start using, despite what you may think. Some even have one or two buttons, and that's it for capturing footage! While the technology may be advanced and intimidating, the way these cameras work is easier and easier to figure out on your own.

For example, the Giroptic 360-Cam has a simple five step set-up and clearly breaks down the buttons, charging, and other important things you need to know about their state-of-the-art camera. It's straightforward to shoot with, despite the complicated technology it uses to work.

Installation is simple with most 360-degree cameras: no headaches involved!

Browse, browse, browse: There's a huge selection to pick from

A couple of years ago, there might have been only a handful of options for good-quality 360-degree cameras, but now there's a huge variety to browse and pick from!

Almost every 360-degree camera out there has its specialty and does something different from the next one. This means you can really do your research and pick from dozens of options, rather than two or three.

Looking for a great sport/action 360-degree camera? Check out the shock, dust, and waterproof V360 or 360fly cams. Want a camera that shoots flawless video for your live stream? Why not pick up the Bublcam? Want a super simple, point-and-shoot 360-degree pocket cam? Then the Ricoh Theta S might be the best way to go.

Whatever you need, there's sure to be a 360-cam for you.

Get creative: There are a ton of uses for a 360 camera

The best part about these cameras is being able to share, and you have plenty of choices, from Facebook and YouTube to sites like Flickr or Ricoh's own website if you use the Theta S.

But you don't need to use a 360-degree camera for just capturing incredible footage and photography; there are some other creative ways in which you can use a camera like this in your day-to-day life!

The Giroptic 360-degree camera has a light bulb adapter available for $79, making it the perfect security camera to use at home. Just screw in the camera to any light fixture it fits in, and use your phone to check in on your house if you're out of town or on vacation.

What will you use your 360 degree camera for?

Do you have a 360-degree camera?

Do you own and use a 360-cam? What made you take the plunge? Sound off in the comments below!