What is the Average Cost of Identity Theft? Average Identity Theft Price

The cost of identity theft depends on a number of factors. Identity theft often leads to a number of immediate costs, as well as costs down the line. The average fraud amount is roughly $6300. For the out-of-pocket costs encountered by identity fraud victims, the average cost is $400. This number has decreased in recent years, most likely due to new technologies in identity protection, as well as increased security online and offline.