Public Policy
Broadband Prices vs. Overall Inflation
With all the discussion about how inflation is affecting Americans, I want to share some data about broadband affordability. According to the U.S. Bureau of Labor Statistics, broadband prices have trended well-below inflation over the last 13 years. Between 2010-2023 overall inflation was 40%, while the broadband price index, when adjusted for quality,[1] only increased by about 10%.[2]
Meanwhile, today’s broadband consumers are getting more from their ISPs. Between 2013-2024, average download speeds increased from 31 Mpbs to 254 Mpbs, an increase of 8x.[3]
David Don is SVP, Public Policy at Comcast.
[1] For more on BLS’s quality adjustment for Internet Access Indexes see: bls.gov/ppi-introduces-hedonic-quality-adjustment-for-internet-access-indexes and bls.gov/cpi/factsheets/telecommunications
[2] See U.S. Bureau of Lab. Stats., Databases, Tables, & Calculators by Subject: Series CUUR0000SEEE03 data.bls.gov/timeseries/CUUR0000SEEE03?output_view=data
[3] Ookla Speedtest Global Index, March 2024. Ookla provided data for mean download speeds per country until switching to median in 2023.
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