The graph shows average annual expenditures on cell phone and residential phone services between 2001 and 2010 Summarize the information by selecting and reporting the main features and make comparisons where relevant

The line graph illustrates the approximate yearly cost of cell phone and residential phone services in the US over ten years. Units are measured in dollars.

Overall, cell phone services show remarkable improvements, while residential phone services dipped gradually in the given period.

Initially, the cell phone service cost was a mere 100$ which is considerably lower than the residential phone which was about 690$. Whereas, over the years cell phone service costs increased and reached 500$ in 2005. Whilst, residential service declined significantly and the yearly expenditure of both phone services was about 550$ by 2006.

In the following years, cell phone service costs surged over the residential phone costs and climbed to above 700$ in 2010. At the end of the period expenditure on residential phone services was around 400$ only which is two times lower than the cell phone expenses.