Internet is as essential nowadays as water, electricity, and gas. But figuring out your options or how much your internet should cost per month is not easy. A recent survey by Verizon shows that more than 51 million Americans don't know what they pay for home internet. Those who do estimate paying upwards of$137 per month. To help you better understand the cost of high-speed internet, let's break down what's available, the average price that you should be paying, and how you can save on your monthly costs.

Also: These states pay the most for the worst internet

What is high-speed internet?

The FCC defines high-speed internet, also known as broadband, as internet that's always on and is faster than the average dial-up connection.

Types & speeds of internet connections

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High-speed internet providers

What factors contribute to internet cost?

• Equipment rental