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$642 million on streaming per month $1.15 billion on mobile each month $2.06 billion on internet each month
That’s a whopping total of $3.85 billion each month. Do these numbers feel shocking? It’s easy to lose track of how much we spend on phone, internet and streaming bills. Even though most of them are monthly, they’re usually paid separately at different times during the month, so we tend to see them as small individual payments rather than a big monthly bill. To help see the true number, it’s worth writing down your monthly phone bill, internet bill and any streaming services you subscribe to to work out exactly how much you’re paying each month. It might be a little higher than you anticipated. According to Cable.co.uk, Australia is 83rd in the world out of a list of 211 countries for the most expensive internet, but we’re 23rd when it comes to cheap mobile plans.
$78,000 on internet $41,800 on mobile and $19,300 on streaming services.
That’s a total of over $139,000 per person to stay connected. And that’s without including the cost of your TV, laptop or smartphone—even budget smartphones will set you back at least $100, while some people will happily shell out thousands for the latest iPhone or Samsung. Not to mention music streaming subscriptions thrown in the mix too. It all adds up over a lifetime. Providers often offer a great deal for six months before it reverts back to original pricing - but because most plans are contract-free, you can leave after that six month deal period and… voila, find a new deal to sign up to. Sure, it takes a little bit of effort on your part to switch plans, but it’s a little bit of effort every six months for a pretty good reward - saving money! And if you’re overwhelmed by the choice of what to watch, we’ve got a little list of reccos to get you started, like the best movies on Netflix or best TV shows on Stan. Again, a little planning ahead can save you dollars in the long run. Methodology: To calculate the lifetime cost of being connected, we used the most-recent available pricing data to determine the average monthly price of internet, streaming, and cell phone bills. To find the average monthly cost of streaming and mobile, we surveyed 1,000 Australians asking them how much they pay on average per month. To find the average internet bill, we used data from the Australian Competition and Consumer Commissions (ACCC) and Cable.co.uk. We scaled the average monthly cost of each of these services and found out how much the current population of Australians will spend on these services in a year and throughout their lifetimes. We sourced life expectancy from the World Health Organization. To find where Australia ranks among other countries in terms of average monthly price of internet, streaming, and cell phone bills, we used statistics from Cable.co.uk. Sources used:
Pollfish surveyhttps://www.abs.gov.au/statistics/people/population/national-state-and-territory-population/mar-2021#key-statisticsAustralian Competition and Consumer CommissionsCable.co.uk
