Despite price increases, Netflix remains competitively priced compared to cable and other streaming bundles. Here's how the math works out for cord-cutters.
The Data
Netflix has raised prices multiple times since its streaming-only launch, but it still offers tremendous value compared to traditional cable packages. The average cable bill now exceeds $100/month, while Netflix's most popular plan costs under $16.
| Service | Monthly Cost | Content Hours |
|---|---|---|
| Netflix (Standard) | $15.49 | 17,000+ |
| Netflix (with Ads) | $6.99 | 17,000+ |
| Netflix (Premium) | $22.99 | 17,000+ |
| Cable TV (Avg) | $100+ | Varies |
| Streaming Bundle (3+) | $45-60 | 50,000+ |
Key Insights
Content density matters. Netflix offers thousands of hours of content for a fraction of cable costs. The per-hour entertainment value remains exceptional.
Ad-supported tier changes the game. At $6.99/month with ads, Netflix now competes directly with free ad-supported services while offering premium original content.
Bundling is back. As streaming services multiply, bundle fatigue is real. Netflix's all-in-one approach still appeals to viewers tired of juggling subscriptions.
Methodology
Pricing data as of January 2024. Cable costs represent national averages including equipment fees and taxes.
