We Spend Roughly $75K On Our Cell Phones!
The numbers are staggering, but over the course of your lifetime you will spend a lot of money on your cell phone…like…a lot.
By Admin on November 5, 2018
The numbers are staggering, but over the course of your lifetime you will spend a lot of money on your cell phone…like…a lot.
This company called Flipsy just analyzed what having a phone is going to cost you in your lifetime. The answer works out to something like…$75,000!
Flipsy says, ”
The average selling price for a smartphone in North America is $567, with an average upgrade cycle of 32 months. If you were to buy your first smartphone at age 18 and upgrade every 32 months until the age of 78 (the average life expectancy in the U.S.), you would purchase a total of 22 smartphones. Based on current average pricing, that puts your total expense at $12,474.
That’s a hefty bill, but it pales in comparison to what you’ll pay for wireless service. Based on current unlimited plans, you can expect to spend around $80 per month, totaling $57,600 over 60 years.
Add in 60 years of app purchases at an average of $88 per year, and the grand total you’ll pay for smartphones over your life comes to $75,354.
This makes me want to go back to a landline and palm pilot really badly!
