How come Internet can be so costly in the US? Is there a particular reason?
It really comes down to a lack of competition. With the US being so large, it is pretty hard for any smaller company to compete with the big ISPs.
There are only 3 or 4 major providers (Comcast, Charter, Cox, maybe one other), and they can charge whatever they wish (and do so). It's insane how much internet costs here in comparison to other parts of the world.
You are right.
In addition to only a few major ISPs in the US, many places only have one choice. So if someone with only 1 choice of ISP doesn't like how much their ISP is charging, they have no other option.
I have been pretty lucky, and I have had 2 choices of ISP in my area. I switch between them often to get the best rate.
Actually, I just switched back to Comcast about 3 hours ago, the $29, 60Mbps plan I mentioned on a earlier post. So, I currently have two ISPs providing internet to my home. Once I make sure everything is fine with my new Comcast service, I will terminate my service with Verizon.
I will probably switch back to Verizon before my rates increase after a year.
[doublepost=1521949388][/doublepost]
How come Internet can be so costly in the US? Is there a particular reason?
Another reason prices are so high is that people won't switch their service even if they have more than one choice of ISP. They don't know how, or don't feel like going through the hassle of switching. So, the ISPs just charge them crazy high prices.
Here is the latest results of the poll I put in a local community forum for my neighbors, over 23% pay over $200. Keep in mind that most of my neighbors have two or more choices of ISPs. So, they could switch and save hundreds of dollars, but many of they won't: