Cable prices rise to nearly twice inflation

According to a new report from the Federal Communications Commission, in 2011 cable prices rose at nearly twice the rate of inflation.  As the FCC said:

“The average monthly price of expanded basic service (the combined price of basic  service and the most subscribed cable programming service tier excluding taxes, fees and equipment charges) for all communities surveyed increased by 4.8 percent over the 12 months ending January 1, 2012, to $61.63, compared to an annual increase of 2.9 percent in the Consumer Price Index (CPI).”

Historically, this follows the trend. Those prices have steadily risen as the chart below shows.

Read the full report here.

FCC Report on Cable Industry Prices (FCC, Jun. 9, 2013)