If you are one of them who thought that broadband price in the US is very high? It is high when we compare it to several other countries. According to the worldwide pricing table of the current year, there were 118 countries that have low prices than the United States. And for now, Syria is the cheapest country. However, not for bad reasons.
The UK comparison website Cable.co.uk rolls out this information, which accumulates the data into the 2020 Global Broadband Pricing League Table. It was not a great spectacle for the United States, which was on the 119th number due to its average fixed-line broadband price of the $50 monthly.
The US was charging $18 against its cheapest package out of 27 measured. Moreover, for its most expensive package costs at $299, and even with the year-on-year price falling $17.69, since 2019, the US has dropped 14 places.
According to the website,
“While broadband in the US is extensively accessible and uptake is high, insufficienct competition in the marketplace means Americans pay far more than they should compared to much of the rest of the world,”
While talking about Canada, it has more rational broadband prices. Their average price is $34.86 monthly, which makes a $22.8 YoY reduction as the nation goes from 86th position to 69.
In case you looking for the cheapest broadband globally, look to Syria. Where you will find $6.60 monthly average price and the lowest reaching at $2.52. However, it is noted that the reason behind this is the ongoing collapse of the Syrian pound and the war as well. Additionally, the average speed they are offering is just 0.9Mbps.
Moreover, the remaining cheapest nations are made up of Belarus ($9.87), Romania ($8.15), Ukraine ($6.64), and Russia ($7.35). The African state of Eritrea comes in the list of the most expensive areas. In Eritrea, the average cost is $2,666 monthly and the most costly package holds out $15,051.
Additionally, the other most costly worldwide customer broadband packages are found in Yemen ($8333.33), Lao People’s Democratic Republic ($4386.95), Turks and Caicos Islands ($1488.11), and Mauritania ($1333.78).
“The expense comes from a integration political climate, war, of exceptionally low take-up (no economy of scale). Also the fact that in most cases the cost you pay will go in large part to literally building a physical line to your property since few already exist. These ‘works costs’ rise extremely the more your abode sits from each nation’s main urban centers.”