Netflix raising prices, so are cord cutters still saving money overall?

With subscription increases the savings gap getting smaller

Netflix raising prices, so are cord cutters still saving money overall?
Netflix is raising its U.S. prices by 13 percent to 18 percent, its biggest increase since the company launched its streaming service 12 years ago.

CLEVELAND, OH (WOIO) -Netflix announced it will raise all subscription fees to its 58 million subscribers.

Netflix raising prices, so are cord cutters still saving money overall?

Most will see a hike of $2, pushing a monthly cost to $13.

Most who have cut the cord, leaving cable behind, have done so to save money.

For most, that move is still working but with more and more subscription options, and prices going up the gap from what they used to spend on cable is lessening.

It’s time to do some math.

I checked into my own cable situation and I currently pay around $150 a month, which includes no premium movie or sports channels.

A coworker has cut the cable and shared her monthly expenses:

  • Internet $40 
  • Sling (for live television and sports) $30
  • Netflix (with increase) $13
  • Hulu (for television and movies) $10
  • Amazon (price is debatable based on what’s used for shopping versus media) $9.92 
  • Total: $102.92

Using the two above comparisons there is a savings of around $50 a month.

Depending on what you subscribe to the savings could vary.

I know we're only talking about a $2 increase, but it keeps creeping up. Are there any cord cutters out there who are starting to spend more on allllll the subscriptions than when they had cable?

Posted by Dan DeRoos Cleveland 19 on Tuesday, January 15, 2019

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