Wednesday, December 29, 2010

The Cost Of Media

I was thinking on the way to work today about how much media costs us today. I remember when cable TV was installed in town back in the day. I think the cost was around $20 a month. Everyone thought that was just outrageous!

Now we pay on average anywhere from $60 for basic cable to $150 a month if you want premium channels, HD content and internet service.

Add to that cell phone and smartphone service. That also is anywhere from $50 for basic service to $150 a month if you have 2 or more lines with a data plan.

That's $110 to $300 a month just for TV, internet and wireless phone service!

How did we get to the point where we spend as much for entertainment and communications as we used to spend for a month of groceries when cable was first installed?