Lol, no way in hell that was the average. That was the high end dream consumer that very few of the people I knew matched even back in cable’s heyday.
https://www.statista.com/statistics/680645/number-of-cable-s...
In my family we would rent lots of movies each week with an 2-3 times a week ritual trip to the video rental store to pick something out for $2 or so.
Movies we liked were bought when they went on sale at the cheap DVD trough at Walmart for $5.