How much do Millennials spend on subscription services?

Millennials led all age groups, spending an average of $315.90 on new subscription services. This represents a significant increase over normal spending, considering that a CompareCards survey from March 2020 found that the average American spends just over $50 per month on subscriptions.”

Do Millennials buy magazines?

According to a Customer Focus Research study published by Quad Graphics, 62\% of Millennials prefer to read printed magazines, with 49\% of this age group having read a magazine in the last 7 days, covering a large part of their media consumption.

How much does the average newspaper subscription cost?

Approximately how much is this?? You can pay $10 per month or $120 per year for a subscription. Digital newspapers have been on a downward trend since 2016, when they were estimated to cost $3 per day….How Much Will Newspapers Cost In 2020?

Year	USD Value	Inflation Rate
2019	$15.04	6.63\%
2020	$15.86	5.49\%

Does Gen Z read magazines?

The average member of Generation Z will also spend an hour per week reading magazines, according to Folio.

How many subscriptions do Millennials have?

According to data gathered from U.S. media consumers between December 2019 and January 2020, Millennials had an average of 17 paid media and entertainment subscriptions each.

How much do people spend on online subscriptions?

The results: On average, consumers are spending $273 a month on subscription services, up from $237 in 2018. Despite the increase, consumers estimated they were spending less than in 2018 and 100\% of respondents were unaware of their actual spend.

Do millennials read print newspapers?

Although baby boomers read the most magazines per month, at 9.2, Gen Xers and millennials are not far behind at 9.1 and 8.9, respectively. Of all forms of print, U.S. newspapers seem to be in the most trouble because of lost advertising revenue.

Do millennials read newspaper?

This research revealed that up to 69\% of millennials get their news daily.

How much does a newspaper cost today 2021?

The cost of a newspaper subscription varies depending on the type of subscription, ranging from $8 to $30 per month or up to $360 per year on average….How Much Does A Newspaper Cost In 2020?

Year	USD Value	Inflation Rate
2020	$15.86	5.49\%
2021	$16.51	4.10\%*

What are Millennials reading?

Reading habits of Millennials (aged 26-40) – they prefer reading print books over ebooks. 72\% have read a print book, while only 35\% an ebook in the past year. 53\% of Millennials have used a public library or bookmobile in the last 12 months. “Cosmopolitan” and “People” are their favorite magazines.