A new report from USTelecom shows that between 2015 and 2020, broadband speeds in the U.S. increased while the price for internet service declined. Using FCC and other public data sources, the analysis compared prices over this time period for both the most popular and highest speed tiers and found:

  • On average, the most popular broadband service is 16% faster in 2020 than in 2015 and 20% cheaper.
  • The highest speed tiers are almost 28% faster in 2020 than in 2015 and about 38% cheaper.
  • When inflation is considered, real prices for the top speed and most popular broadband services have dropped even further — a 44% and 28% drop, respectively.
  • Cost per megabit between 2015-2020 dropped almost 38% for the most popular services and over 56% for the highest speed services.

Source: USTelecom