Since it’s available almost everywhere, Netflix gives the majority of the human race an inexpensive way to binge watch through all kinds of different TV shows and movies. Its subscription plans are still relatively cheap, but there have been several price hikes over the years. Read on to learn everything you need to know about Netflix’s costs.
How much does Netflix cost?
Netflix Basic, the cheapest plan, costs $9.99/month. However, this plan only lets you stream on a single device in standard definition. No, this isn’t 2006. Yes, that means you won’t get HD streaming with the Basic plan. Even if it’s available, your streams will be limited to fuzzy 480p streaming.
Because of this, most people will opt for the $15.49 Standard plan. This plan lets you stream on two devices, and you can watch in HD quality. If you want 4K streaming, though, you’ll need the $19.99/month Premium plan. The Premium plan also lets you stream on up to four devices at once, which may be good for larger households.
When was the last time Netflix raised its prices?
The last time Netflix raised its prices was in January of 2022. The price of the Base plan jumped to $9.99/month from $8.99/month. The price of the Standard plan went up to $15.49/month from $13.99/month, and the price of the 4K plan went up to $19.99/month from $17.99 month.
Will Netflix increase its fees again?
Almost certainly. Netflix has raised prices pretty much every year for the last few years now. Faced with stubborn competition from new streaming services, Netflix stock has sunk recently due to lowered revenue guidance.
However, there is a chance that Netflix won’t increase its prices in the next year or so. that’s because in 2023, it will add cheaper, ad-supported tier to the service, following the lead of competitors like Hulu, Paramount+, HBO Max, and Peacock.
It’s definitely possible that the new revenue from the ad-supported membership will help keep Netflix afloat, and mean a break from price increases. But the trend is clear – Netflix prices go up, not down. Eventually, you’ll be paying more to stream Netflix Originals and their catalog of content. It’s just a matter of time.
Does Netflix have any paid add-ons?
No. All Netflix subscribers get complete access to the full Netflix catalog. The various subscriptions only determine which features you get.
Does Netflix have extra hidden fees?
There are no hidden fees.
Does Netflix offer a free trial for new users?
Yes. You can get a full 30-day trial of the service upon signup. Netflix’s trial period is long compared to competing services. Most limit their free trials to seven days. Netflix will even send you a reminder three days before your trial expires so that you can cancel if you’re not completely satisfied.
What are some good Netflix alternatives?
High prices and price hikes got you considering your other options? Take a look at a few of the articles linked below, and see how Netflix stacks up against some of its toughest competition.