A comprehensive report from doxo reveals that Americans are collectively spending a massive $180 billion annually on mobile phone services, reflecting a 2% increase from last year. The findings, presented in doxoINSIGHTS’ U.S. Mobile Phone Market Size and Household Spend Report for 2024, offer a deep dive into how much the average household is shelling out for mobile phone services. The report breaks down spending patterns across various states and cities, providing a clear picture of the financial impact mobile phone services have on American consumers.
According to the report, the average American household spends $1,365 per year on mobile phone services. This equates to about $121 per month, which is an increase from the previous year’s average of $1,342. The data, which covers 97% of U.S. zip codes, shows that 94% of U.S. households are paying for mobile phone services, with the national average for annual spending on these services sitting at $1,452. The report notes that as mobile phone bills continue to climb, these services have become a significant part of household expenses, with consumers now allocating roughly 2% of their annual income to cover their mobile phone costs.
The report also highlights which states and cities are seeing the highest mobile phone service costs. Among the states, Alaska, Vermont, and Delaware top the list, with residents in Alaska spending $156 per month on average for mobile services, translating to an annual spend of $1,572—about 29% higher than the national average. Similarly, Vermont’s average monthly mobile phone bill is $155, with an annual cost of $1,693, marking a 28% increase over the national average. New Hampshire, Connecticut, and several other states also report higher-than-average mobile service costs, reflecting a broader trend of rising prices across the country.
When it comes to cities, New York, San Diego, and Fort Lauderdale stand out as the most expensive in terms of mobile phone bills. In New York, residents are paying $136 per month, or $1,616 annually, a 12% increase over the national average. In San Diego, the average monthly cost is $135, with annual expenditures reaching $1,571. Similarly, Fort Lauderdale residents are paying an average of $132 per month, totaling $1,568 annually. These cities, along with others like San Jose and El Paso, are driving the increase in the national mobile phone market size.
This extensive analysis of the U.S. mobile phone market not only showcases where Americans are spending the most on their mobile services but also serves as a resource for consumers to better understand how their bills compare to others in their region. The report emphasizes that nearly every American household now owns a mobile phone, with smartphones increasingly becoming the primary means of internet access for many. As the cost of mobile services continues to rise, this transparency can empower consumers to make better decisions about their service providers and explore opportunities for savings.
Furthermore, doxo’s data provides insights into the potential financial strain mobile phone bills place on U.S. households, especially for those in areas with particularly high costs. With the growing reliance on smartphones for internet access, especially in regions where broadband services may not be as accessible, the rising cost of mobile service is expected to remain a key issue for many American consumers.
For those looking to better manage their mobile phone expenses, the report offers guidance on how costs compare across various regions and cities. By using this data, consumers can make more informed decisions when selecting mobile plans, potentially finding lower-cost options that still meet their needs. As mobile phone bills are expected to continue rising in the coming years, it’s important for consumers to stay aware of these trends and adjust their spending accordingly.
For additional insights, you can access the full doxoINSIGHTS report, which includes a detailed breakdown of mobile phone spending trends by state, city, and region, as well as actionable tips on how to reduce mobile service costs and manage household budgets more effectively.
