Your Phone Will Cost You More Than $75,000 Over Your Lifetime
I know it's hard to picture life without your phone, but you would have so much more money if you could ditch it. Flipsy just analyzed what having a phone is going to cost you in your lifetime. The answer is: more than $75,000.
Here's how it breaks down:
Spending an average of $567 per phone every two or three years for 60 years equals out to be about $12,474. The largest amount comes from your monthly bill, over 60 years it totals $57,600 on average. Then they add in apps and accessories for $5,280 over 60 years.
This study assumes that we'll still be using phones in the year 2078. It also uses today's prices, so it's not banking on inflation or general price increases.