Mobile carriers have been increasing costs during this period of inflation, and this has led to the average cost of a mobile plan in the USA increasing by about 4% year over year. Many consumers are struggling to pay their bills with all things having been considered and taken into account, with 86% of Americans saying that they are paying too much for their mobile plans, as per Whistleout survey.
The average cost for a mobile plan now hovers at around $2,000 per year, and it is predicted to reach $2,100 over the next two years. With all of that having been said and now out of the way, it is important to note that much of these extra costs might come from unnecessary services that are bundled into the package.
For example, 56% of the people that responded to a recent survey stated that they obtained mobile plans from the big three companies, namely AT&T, T-Mobile and Verizon. A major aspect of the mobile plans offered by these service providers is so called “unlimited data”. This costs consumers an extra $600 per year, since just 13% of consumers end up using this data at home instead of switching to Wi-Fi.
If customers were to switch a pay as you go subscription, they’d be able to take advantage of the 40% dip in the price per gigabyte. It has plummeted to just $2.75 after hitting a high of $4.64 in 2018, so opting for an unlimited data plan no longer makes as much sense as it used to.
Around 50% of customers said that they used under 10GB per month, with 20% stating that they don’t even cross the 5GB mark. This makes unlimited data plans unreasonably burdensome financially speaking, and skipping them can help to make mobile plans more affordable than might have been the case otherwise.
Plenty of customers are switching over to MVNO providers since they charge 68% less than mainstream companies. They allow you to purchase minutes and data as per your needs, which can be useful if you want to bring the costs down.
Read next: 48 Percent of Zoomers have at least four gaming apps downloaded
The average cost for a mobile plan now hovers at around $2,000 per year, and it is predicted to reach $2,100 over the next two years. With all of that having been said and now out of the way, it is important to note that much of these extra costs might come from unnecessary services that are bundled into the package.
For example, 56% of the people that responded to a recent survey stated that they obtained mobile plans from the big three companies, namely AT&T, T-Mobile and Verizon. A major aspect of the mobile plans offered by these service providers is so called “unlimited data”. This costs consumers an extra $600 per year, since just 13% of consumers end up using this data at home instead of switching to Wi-Fi.
If customers were to switch a pay as you go subscription, they’d be able to take advantage of the 40% dip in the price per gigabyte. It has plummeted to just $2.75 after hitting a high of $4.64 in 2018, so opting for an unlimited data plan no longer makes as much sense as it used to.
Around 50% of customers said that they used under 10GB per month, with 20% stating that they don’t even cross the 5GB mark. This makes unlimited data plans unreasonably burdensome financially speaking, and skipping them can help to make mobile plans more affordable than might have been the case otherwise.
Plenty of customers are switching over to MVNO providers since they charge 68% less than mainstream companies. They allow you to purchase minutes and data as per your needs, which can be useful if you want to bring the costs down.
Read next: 48 Percent of Zoomers have at least four gaming apps downloaded
