In this raging inflation period, nearly every product and service is increasing their prices. But internet plans are as steady as ever. A new study found out that consumers have not experienced any price raise on internet plans.
The analysis done by BroadBandNow suggests that broadband prices have been steady ever since 2015, with $90 average a month. BroadBandNow analyzed nearly 2000 ISPs delivering services via cable, Fiber Technologies and DSL and found out that these internet services had no effect of inflation on them.
There was a 40% price drop on fiber service after adjusting for inflation. This shows that fiber technology has made its way to many markets and is now delivering high speed and reliable internet connection services.
BroadBandNow also noticed that the Affordable Connectivity Program had helped people a lot in choosing affordable monthly internet services. But now it has ended because of lack of funding from Congress which has 23 million households in the USA. Democratic Party said that they will continue fighting to reinstate the Affordable Connectivity Program in the USA.
Even though the internet price per month is $90 on average, it is still higher as many people say that internet pricing should be $60 or lower. On the other hand, many consumers claim that their internet pricing was $20-$60 dollars when they first subscribed to the internet service, according to the US News & World Report survey.
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