Do you have any idea how much you’re actually spending on subscriptions each month? Most people are shocked to learn they underestimate their monthly subscription costs by about $50, adding up to a staggering $600 annually.
New Yorkers Underestimate Subscription Spending Significantly
New Yorkers significantly underestimate their monthly subscription expenses, overspending by more than $115 per month on average.
A recent survey revealed that residents of New York are among the nation’s top underestimators of subscription costs. On average, New Yorkers are spending over $115 more per month than they believe, making them the second highest in the country for this miscalculation.
Overall, New Yorkers are shelling out close to $300 monthly on subscriptions. For music and podcast enthusiasts, streaming services alone account for about $34 per month, placing the state second nationwide for these audio subscriptions.
News and Magazines Lead the Spending Charge
When it comes to staying informed, New Yorkers are spending the most nationally on newspaper and magazine subscriptions, averaging $41 per month. This figure is approximately $40 higher than one might anticipate.
Fan Clubs, Gaming, and Wellness Subscriptions Add Up
Spending on fan clubs and websites totals around $47 per month for New Yorkers, ranking sixth nationally. Gamers, in particular, spend $53 monthly on gaming subscriptions, putting New York second for this category. Wellness-related subscriptions, such as mental or physical health apps, also contribute significantly, with individuals spending about $58 per month, also ranking sixth nationwide.
Every Concert Coming to NYS Fair in 2025
Dozens of national acts perform each year for free at the New York State Fair. See the line up, so far, for 2025.
