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FCC chair wants to boost broadband standard to 100Mbps
(www.theregister.com)
This is a most excellent place for technology news and articles.
In rural areas, yes.
In cities, Gigabit internet is abundant and only mildly expensive. Here in Phoenix I pay $60/mo for 1 Gbps down, 50 Mbps up with no bandwidth cap from Verizon. Not the best but far from "awful".
I live in a major metropolitan city in the us and I pay close to $200 a month for gig down and less than 100up.
You might not have to. Look into fixed 5G internet. So long as you have a view of a tower (which you should in a major metropolitan city; I'm in suburbia and still have 3 within view), speeds and latency are as good as a wired connection. I'd look into it.
I have to run my own cell tower because I live in a literal dead zone.
Edit: I checked Verizon, 90 bucks for 50mbps with a 300gb data limits. Yay.
That sucks. Happens when there's no competition in your area. Verizon is $60 for 1Gbps here, no data cap, because they have to compete with Cox. Greedy bastards.