![]() The type of internet connection you have will determine the modem you need. You can use your modem with any ISP as long as it’s approved and compatible with the company’s service, and then resell it when you no longer need it.Ĭonsider the following factors before buying your own modem: Internet Connection Type You’ll pay more up front to buy a modem, but you’ll likely save money in the long run. Modem prices depend on the brand and type. Renting saves you time because your ISP takes care of everything for you, but there are other pros and cons. Your ISP will generally recommend one based on the service you signed up for. ![]() You typically don’t need to put a lot of thought into which modem and router to rent. Pros and Cons of Renting a Modem and Router Depending on your needs and budget, the choice between renting and buying can make or break your bank. was almost $10 per month, while buying a modem cost an average of $127. In 2020, the average cost of renting a modem in the U.S. Some ISPs offer a modem-and-router combo - also known as a gateway - which simplifies the renting or buying process and saves you space with one piece of equipment instead of two. You can have a modem without a router, but not vice versa. The key difference between modems and routers is that modems can only provide internet access via ethernet cables, while routers can’t send or receive data without a modem. If you want to increase your Wi-Fi network speed, then we recommend using a dual-band or tri-band router.
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