What is the average life insurance cost per month?
For a male age 30, the average life insurance cost per month is $27.25 for a $1 million, 10-year term life insurance policy. For a 30-year-old woman, the average monthly price is $22.83 for the same policy. At age 40, the average life insurance cost per month is $32.83 for a male and $30.08 for a female for a $1 million, 10-year policy.