I’d say it depends on how many people are in your household and the price. In Chicago we can get over 1Gbps internet for $60 per month. I pay $35 for 200 mb/sec. The connection isn’t business class but it’s pretty reliable. Xbox One X games are typically 150gb and Microsoft servers let me download at full speed. Many other big websites have great bandwidth. It’s really nice to have overhead. I used to have a 50mb connection and I didn’t realize how much I constantly worried about speed until I’ve upgraded. Is my 4K movie stream being downsampled? Netflix only requires 20mb because it’s highly compressed. The Xbox could be updating games while it’s off in the background. What if someone is downloading something crazy in another room? It’s just one less thing to worry about.
I used to work at Best Buy selling computers, people would often come in to buy a new computer because their internet was too slow. Lol
I am very similar to Eli with my personal bandwidth utilization… I rarely stream from hulu or netflix or any other recreational source, and most of my bandwidth use is work-centric.. including youtube.