Ever wondered why your internet bill is so high? Here’s where the money you pay your ISP actually goes — how much the service costs, and how much is just profit for your internet company.
Our home internet bills keep costing us more every year. The average US internet bill has reached $60 per month — approaching almost $1,000 each year for something it’s hard to exist in the modern world without.
ISPs are notoriously secretive about their operational costs. In addition to that, there are various service types, such as DSL, cable, and fiber, which make it difficult to tell exactly what part of your internet bill pays for what.
But by looking over SEC filings submitted by Comcast, we’re able to get an approximate idea. Comcast customers’ average internet bill is now $56.91 per month — which is close to the $60 national average — and doing some calculations based on the company’s expenses and revenue (all $17.144 billion of it) that was reported in 2018, we now have an idea about where the money you pay for your internet bill each month is going. It doesn’t explain why your monthly total keeps rising, but the fact that over 40% of the bill is profit for Comcast might be at least part of the reason.
Infographic Source: https://myradvocate.com/press/study-over-40-of-your-internet-bill-is-company-profit-2019-10-21
