The Marketplace Inflation Calculator

Cellphone bills aren’t as high as they used to be

David Brancaccio Nov 7, 2014
HTML EMBED:
COPY
The Marketplace Inflation Calculator

Cellphone bills aren’t as high as they used to be

David Brancaccio Nov 7, 2014
HTML EMBED:
COPY

As part of our program’s 25th anniversary, we’ve been tracking the odd ways prices have changed over that period. According to a cellular phone industry group, the average monthly cellphone bill has dropped from an inflation-adjusted $151  in 1989 to $47 today.

A 69 percent drop? How is that possible? 

Michael Grubb, an economics professor at Boston College who has studied the cellphone market, shares reasons for this downward trend.

Listen to the full conversation in the audio player above.

As a nonprofit news organization, our future depends on listeners like you who believe in the power of public service journalism.

Your investment in Marketplace helps us remain paywall-free and ensures everyone has access to trustworthy, unbiased news and information, regardless of their ability to pay.

Donate today — in any amount — to become a Marketplace Investor. Now more than ever, your commitment makes a difference.