Yes, however:

30 Years ago (1987), a landline phone cost about $50 per month of 1987 money. I remember this because I ran a somewhat popular computer BBS (Bulletin Board System, before the internet people used modems to connect to these and share info, play games, etc.) and I had to budget my expenses. Not only did it cost $50 a month for just the basic line, but that only bought you local service, any long distance calls were extra, charged by the minute. So you had to pay an access fee for long distance on top of the per minute charge. Long distance was anyone not in the same county, didn't matter if it was even the same area code...

Interestingly enough, calling someone in the next county over was considered "local long distance" which was at the time $0.25 cents per minute, whereas calling someone in a whole other area code was regular long distance which was $0.10 cents per minute.

Now where were we? Oh yeah, the important thing was I had an onion on my belt, which was the style at the time. Anyway the phones themselves weren't cheap, in fact most times you didn't own the phone you rented it from the phone company, actually in 1987 that fad was going out of style but even slightly before then you'd be paying like $10 a month for your phone. Anyway, nowadays you have the same kind of crap going on with the smartphones, sure it costs $700 for that thing but some carriers are just baking that into your monthly fee so you end up paying $20 a month for it.

I know AT&T does this at least, and $20 a month is pretty much $10 a month in 1987 money, I reckon. And the $10 bill has a picture of Alexander Hamilton on it, who as we all know got shot and killed in a duel with Aaron Burr. The first time I read about this, I had an onion on my belt, which was the style at the time.