Internet transit collapsed from $1,200/Mbps (1998) to ~$5/Mbps (2010) — ~240× per DrPeering/Norton series

Claim: DrPeering / William Norton transit price series: $1,200/Mbps (1998) → $400 (2001) → $120 (2003) → $50 (2006) → $12 (2008) → $5.00 (2010, last observed). That is ~240× cheaper over the period.

Source: DrPeering.net (William Norton).

Confidence: Single-source. Author flags methodology as informal, NANOG-discussion-based, and controversial in the peering community. Figures from 2011 onward are author projections, not observed.

Why this matters for Candid: The strongest "bandwidth got cheap" number available — but the single-source caveat means cost-floor articles should use it with attribution, not as a hard fact. Pair with Current AWS S3/EC2 egress ~$0.09/GB to internet, first 100GB/month free for the modern egress angle.