U.S. Mobile Phone Market Size and Household Spending Report 2022

Today, doxo released its U.S. Mobile Phone Market Size and Household Spending Report for 2022, revealing a 10% growth year over year in the amount consumers pay for mobile phone services. doxoINSIGHTS’ statistical analysis of actual household payments toward mobile phones across 97% of U.S. zip codes helps to size the overall market, revealing that Americans spend $166 billion annually on mobile phone services. The report also found that 94% of U.S. households with a Mobile Phone bill spend $113 per month, or $1,356 per year – which equates to $1,275* per year when averaging across all U.S. households. 

With inflation hitting historic highs this year, some of the world’s largest mobile carriers have succumbed to price hikes, with some even adding new fees (such as an “economic adjustment charge” or additional administrative charges) to their services to try and combat inflation. Compared with doxo’s 2021 analysis of the 149 billion Mobile Phone market (finding consumers pay $103 per month, $1,159 per year*), 94% of American households that have this bill have shown a 10% increase in how much they spend monthly.

Mobile Phone Spending Snapshot

  • Total Market Size: $166 billion spent per year
  • Average Monthly/Annual Cost: $113 spent per month; $1,356 spent per year
  • Percent of Households: 94% of U.S. households pay Mobile Phone bills
  • Average Annual Cost per U.S. Household: $1,2755 per year*
  • Percent of Annual Income: Mobile phone bills amount to 2% of consumers’ income per year

The report (below) breaks out the U.S. household spending market size; percentage of households that pay each bill; and average monthly and annual bill pay costs by state, largest metro areas and cities based on population.

*Average Monthly Bill x % of Households with Bill x 12 months per year = Average Annual Cost per U.S. Household.

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