Broadband Not Fueling Inflation
Internet Is Affordable for All
For decades, inflation in the United States had remained fairly stable, spurring growth and a strong economy. Since the COVID-19 pandemic, however, disruptions in the supply chain and labor force, combined with other factors, have resulted in new concerns about rising prices. While the price of many other vital goods and services have increased, in some cases by massive amounts, the price of broadband internet has remained stable and affordable, delivering a great value to American consumers.
The Price of Broadband Has Remained Below Inflation for the Past Decade
While the prices of many goods and services have skyrocketed over the last year, internet prices have been well behind the overall rate of inflation.
Source: Bureau of Labor Statistics
Broadband Price Changes Modest Compared to Other Vital Goods and Services
Source: Bureau of Labor Statistics
Committed to Getting Everyone Connected
Cable providers offer low-cost internet service, computer equipment and digital literacy training across the country to increase affordability and access to broadband for all families.
