Annual Expenditure by American Consumers on Cable and Internet Services Totals $164 Billion
In a nutshell: U.S. households splash out a staggering $164 billion annually on cable and internet services, which equates to around 4% of the $4.55 trillion total spent on household bills each year. According to a new report by Doxo, 73% of U.S. households shell out a median of $121 per month for these services, amounting to a mind-boggling $1,063 per year per household.
The tea spill: After crunching numbers based on real-life household consumer payments across 97% of U.S. zip codes, the doxoINSIGHTS team compiled the "Cable & Internet Market Size and Household Spend Report for 2025." They discovered that high-speed internet is a non-negotiable expense for most consumers, serving as a lifeline for remote work, streaming, and smart home innovations. Same as most bills, the price tag for these services might increase due to potential tariff impacts on equipment, but increased competition from wireless broadband options is expected to counterbalance some of this.
To get the full scoop: Head to doxo.com/w/explore and pick your state to access some exclusive stats, including state, county, and city data. The report breaks down household spending, the percentage of households paying each bill, and median monthly and annual bill costs. Some key findings include Delaware leading the pack with an annual cable and internet bill of $1,313, while Pittsburgh takes the trophy for the highest monthly bill, with residents parting ways with $221 each month.
Why should you care: With high-speed connectivity becoming indispensable in our everyday lives, it's crucial to keep a finger on the pulse of these expenses. Keep an eye on your monthly bill, and don't be afraid to shop around for better deals – your wallet will thank you later!
- The new "Cable & Internet Market Size and Household Spend Report for 2025" by Doxo reveals that high-speed internet is primarily used for media consumption, remote work, and smart home innovations, like streaming videos via OTT platforms.
- Despite the potential increase in costs due to impacts on equipment from tariffs, fierce competition from wireless broadband options in the technology sector may help minimize the price hikes for these media services.
- Financial management becomes essential when it comes to cable and internet bills, considering U.S. households spend a median of $121 per month and an average of $1,063 annually on these services, as shown in the report.
- As IP-based media services become increasingly crucial in our daily lives, it's advisable to search for better deals on their offerings, making careful consideration of household finance essential.