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Here is The Average Monthly Bill for a Cord Cutter

HuluWe often hear how being a cord cutter won’t really save you any money, but now cord cutters have proof that they really do save money. A recent study from Digitalsmiths, a Tivo-owned research company, shows how over 62% of cord cutters spend on average less than $20 a month for their streaming subscriptions.

The study looked at over 3,000 US consumers, and here is the breakdown of what people pay for streaming services including Netflix, Hulu, etc.

3% spend $1–2/Monthly
3.4% spend $3–5/Monthly
24.6% spend $6–8/Monthly
22.9% spend $9–11/Monthly
10.3% spend $12–14/Monthly
25.5% spend $15–30/Monthly
10% N/A

Now it is true if you subscribe to every service out there that you could spend more than what cable TV charges. However, that is the benefit of cord cutting—you get to pick the content you want. Do you just want Hulu and Netflix? You can do that. Do you want Netflix and HBO NOW? You can get just those two, too.

The list of combinations continues to increase as new services jump on the cord cutting bandwagon. Yet as more services come out more people try to convince you that it costs too much to be a cord cutter. The truth is even if you spend the same as the core package your cable company offers you can avoid the fees and taxes that cable companies add on to your bill.

So the good news for cord cutters is the fact that you can ditch cable and save money.

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6 Responses to Here is The Average Monthly Bill for a Cord Cutter

  1. Avatar
    derrick March 18, 2016 at 4:29 pm #

    This is not a one to one comparison. My cable bill included internet.

    Any calculation of the value of cord cutting should include the fact that half my cable bill is internet. So my cable bill was around $100. I pay now about $45 for internet so to be worth it i need to get the channels or services i want for well under the $55 difference. at some point adding services isn’t cost effective. Especially when you add the convenience of a dvr.

    not that this isn’t what people pay. And now i currently have cut the cord and do without but it’s far from convenient. I could care less about most of the regular tv program channels. The big issue is not getting all the channels with sports i want.

    • Avatar
      Admin March 18, 2016 at 10:17 pm #

      All you have to do is look at your bill to see what part is internet and what part is TV. When Dish or Directv advertise they are only promoting the cost of TV not internet so I think the point stands. You can easily look at this and look at a Directv ad to see the savings. Even with internet my family is still saving over $100 a month.

  2. Avatar
    derrick March 18, 2016 at 4:30 pm #

    Point is this isn’t the the ENTIRE “average monthly bill” because it omits the cost of internet.

    • Avatar
      RowMan March 19, 2016 at 2:27 am #

      I have never counted the cost of Internet as part of my TV bill. When I had DirecTV, I would still have paid for Internet regardless. Now I have an antenna along with a TiVo including Lifetime Service, Netflix, Amazon Prime, and Hulu.. Initial costs for the equipment were recouped in 5 months. My TV bill is now $95 dollars less per month and I get more of the content I want. I set up my parents and their TV bill is now zero. The nice thing is, they still are able to DVR their favorite shows and still have (legal) access to a ton of movies and TV shows not currently shown on over-the-air TV. By cutting the cable TV cord, they have all of the content they want and eliminated a $65 per month bill.

  3. Avatar
    Mike March 20, 2016 at 4:03 pm #

    I can see the benefit for some people. My cable /internet package from Comcast of all people is 79$ for 75mbs and a step up from basic cable.
    The cost of internet is relevant. It would actually be more expensive for me to cut the cord.