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How Much a Satellite Radio Really Costs? When it come to consider jumping in the satellite radio bandwagon, there are many questions to be answered about them like “How does satellite radios work?”, “What kind of equipment should I purchase?” etc. but in this article I will try to answer a question that first pops up in everybody’s mind: “HOW MUCH DOES SATELLITE RADIO COST”? This is a tricky question because the cost of a satellite radio is divided in two: installation (or activation) costs and the monthly subscription fee. Should I Buy a Satellite Radio? Satellite radios are becoming more popular everyday. Among the great advantages of using a satellite radio is the fact that the programing is actually commercial free. This is because signal provider’s income comes from listeners, who pay a fee to access the station's signal, and not from advertisers as in the case of "traditional" radio.