The price of Netflix subscriptions in the US is going up, and the company’s already emailed some users about the change. Is there anything you can do about it?
US subscribers seeing jacked-up Netflix prices
Starting with the next billing cycle, Netflix customers in the United States will need to pay money to the company if they wish to keep whatever subscription tier they’re currently using.Netflix announced the latest price hikein January 2022, and it’s now starting to come into effect for some of its customers in the United States.
The price hike affects all of Netflix’s subscription tiers:
How much more are US customers now paying for Netflix?
Netflix used to start at $8/month for the Basic plan. Now it costs two bucks more per month. The Standard tier, which is Netflix’s most popular subscription package, has seen as many as five price increases since 2015, originally going for $9/month.
With the latest price hike, the monthly subscription to the Standard plan has gone up dramatically, from $9/month back in 2015 to $15.49 currently. And lastly, the flagship Premium plan saw the monthly subscription price increase five times in the past seven years, going from $12/month in 2015 to as much as $20/month in 2022.
Again, the latest price increase currently affects residents of the United States. Netflix has not said whether it will boost prices of subscriptions in other parts of the world. If history is any indication, this is most likely going to happen once the company has finished applying the new price structure to its US customer base.
What to do about Netflix’s price changes
In a word, nothing. This is how streamers typically roll. It’s their way or the highway. you’re able to choose to keep your subscription after you receive an email from Netflix informing you that your monthly bill would be going up starting with the next billing cycle. Or you can vote with your wallet and cancel your subscription to avoid the increased service charges. Read:How to cancel and delete your Netflix account
Too bad Netflix still doesn’t offer a more affordable, ad-supported option.
