The chart illustrates average yearly expenditures with cell phone and residential phone services from 2001 to 2010.
Overall, cell phone service costs has increased throughout the years. While, the cost of residential phone services has decreased during the same time period.
In 2001, cell phone services was the cheapest alternative with an average annual cost of 200 dollar. In addition, residential phone services was the most expensive alternative with average cost 700 dollar per year.
However, in 2006 a shift occured, residental phone services became the cheapest option. Moreover, this trend continued Cell phone services became cheaper and residential phone services decreased in price. In 2010 the average yearly cost of cell phone services was approximately 750 dollar. In addition residential phone services average annual cost was about 400 dollar.
