Netflix is going to be even more expensive in 2022.
The popular on-demand video streaming service will be raising prices for both new and existing customers.
Many subscribers now will be paying $20 per month!
After years of upping the price, has the streaming service finally reached a price point that may drive consumers away?
“There’s a fight for content between the big programmers to control the streaming world and they are way overspending on content,” Clark says. “They are trying to get the public to pay for their ridiculous spending. And they’ll keep raising prices until the public stops paying for it. We’ll see price hikes as often as every six months.”
Team Clark has all the details you need if you’re a current subscriber or someone who is thinking about signing up for Netflix.
Netflix Announces New Pricing For 2022
No matter which Netflix subscription you have, you’re going to be paying more for it in 2022.
The streaming service has unveiled pricing increases of at least $1 and as much as $2 for all of its subscription packages.
Here’s a look at the new pricing structure compared to the old one:
|Subscription Type||2021 Price||2022 Price|
These prices are effective immediately on the Netflix website for new customers, but if you’re an existing subscriber, it’s unclear exactly when your monthly cost is going up.
Netflix offers the following explanation on how it plans to implement the increase: “These prices apply to new members and will gradually take effect for all current members. Current members will receive an email notification 30 days before their price changes, unless they change their plan.”
Here’s a handy chart that shows some of the top perks for each level:
It’s worth noting that while the Basic package is the most cost-efficient (by more than $5 per month), it is short on some basic amenities that other streaming services give you with their cheapest plans. You’ll be can stream only one stream at a time, and you can’t watch in high definition.
Though more costly, the Standard or Premium packages are going to be the desired streaming level for most consumers.
What Are My Options? Cheap and Free Netflix Alternatives
There’s no denying that Netflix is the premier on-demand streaming option.
There are not many services that can match the depth of its TV show library and movie archives, and Netflix does have some of the most popular original content on the market. For many people, it will still be worth the price.
But there are some really great video streaming services out there that cost much less than a Netflix subscription in 2022.
Popular Streaming Competitors with Cheaper Pricing
- Disney+ at $7.99 per month: Now less than half the cost of Netflix’s Standard subscription, this streaming service may be a viable alternative for many. It offers a little bit of something for everyone including an expansive library of Disney classics, the archives and new content on popular brands Star Wars, Marvel and Pixar as well as National Geographic. You could bundle it with Hulu and ESPN+ for just $13.99 per month to get even more streaming options.
- Prime Video at $8.99 per month ($12.99 for Amazon Prime + Prime Video): For a couple bucks less than the new price on Netflix’s Standard subscription, you could have access to an expansive on-demand streaming catalog AND get free same day or two-day shipping on everything you purchase from online retail giant Amazon.
You could also consider cheaper alternatives such as NBC’s Peacock ($4.99 per month), ViacomCBS’ Paramount+ ($4.99 per month) or HBO Max ($9.99 per month). Team Clark has reviewed each of those services in the links provided.
Free Streaming Alternatives
If you’re looking for a way to save money in 2022, you might be able to do it by dumping Netflix altogether.
The market for free streaming content is robust and the popular services have libraries that are better than ever.
No, you won’t get most of the new, popular content you get with your Netflix subscription, but you might be surprised by how much content you do recognize that is free of charge on these services.
Team Clark has a complete guide to free streaming services, but here are a few you should consider checking out:
The nice thing about free streaming services is that you don’t have to provide credit card or personal information to try them out, so download a few of those apps and see if there’s a good fit for you.
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