2024 Broadband Pricing Index: Broadband Prices Continue to Decline As Consumers Choose Faster Speeds

The fifth installment of USTelecom’s Broadband Pricing Index (BPI) shows that prices for high-speed broadband internet services continue to decline— even as upload and download speeds rapidly advance. Thanks to the world-leading pace of broadband infrastructure investment by the U.S. private sector1 and an intensive focus on fiber deployments, consumers have never had a stronger value proposition for their connectivity dollar. Key findings from the report include: 

• Real (inflation-adjusted) prices for the most popular broadband service offerings (between 100 Mbps and 940 Mbps) declined 9.4 percent year over year.
• As consumers struggled under the weight of a 32.2 percent rise in the cost of essential goods and services since 2015, nominal BPI-Speed prices dropped by 41 percent.
• Since 2015, download speeds for the most popular consumer broadband services (BPI-Speed) increased by 113.5 percent, while upload speeds increased by 88.5 percent.