Us consumers average annual expenditures on cell phone and residential phone service
The line graph compares average yearly spending of Americans on mobile phone and landline phone services over a decade.
It is clearly seen that, over the period of ten years the residential phone services decreased tremendously while cell phone consumers increased sharply.
As can be seen, in 2001 the annual expenditure of landline phone service declined dramatically. Declining from around $700 to close to $500 over the following five years. On the other hand there was a sharply rose in the spending on mobile phone service which was from $200 to a little over $500 from 2001 to 2006.
Having a close look, the average annual expenditure of US paid out the same amount of money on both type of phone service which was over $500 on each services. Although the expenditure of residential phone service dropped, the spending of cell phone service soared between 2001 and 2010.