Is gigabit NBN overpriced? I did the math to try and figure out if NBN 750 is better bang-for-buck

When investigating whether the NBN 1000 tier is worth the extra cost compared to the NBN 750 tier, I analyzed the average monthly price and typical evening speed (TES) of each. NBN 750 averaged AU$105.98 per month with a TES of 730.2 Mbps, while NBN 1000 averaged AU$114.95 per month with a TES of 835.4 Mbps. This revealed that NBN 750 was slightly cheaper by almost AU$10 per month, even though NBN 1000 was advertised to reach closer to its 1,000 Mbps promise.

However, the question then arose: is the better TES on NBN 1000 worth the extra cost? To find out, I calculated the cost per advertised megabit of speed for each tier during peak evening hours. NBN 750 came out to 14.5 cents per megabit, while NBN 1000 was slightly cheaper at 13.8 cents per megabit. This meant that although NBN 1000 was pricier overall, it offered better value for money per advertised megabit.

For those seeking the most affordable option, Spintel Home Turbo Fast plans at 750Mbps were identified as the cheapest at AU$69 for the first six months, then AU$94.95 per month thereafter. Kogan Internet Platinum and Superloop also provided competitive deals for NBN 750 and NBN 1000 plans, respectively. In conclusion, while NBN 1000 is more expensive upfront, its slightly better evening speed and lower cost per megabit make it a more attractive option for those willing to pay the extra amount.