It is one of the largest video streaming companies across the globe with over 220 million subscribers as of the beginning of 2022. However, how much does one pay for Netflix per month, or from which platform can one subscribe to the cheapest Netflix subscription? Below is information regarding the monthly subscription offering from Netflix and the amount of money they charge for their services.
Netflix Basic
The Netflix Basic plan is one of the cheapest available on the market for Netflix. Currently, in 2024, it is $9.99 per month in the United States of America. For that price, you get:
- As for the streaming quality, it refers to the Standard Definition (SD) streaming quality.
- For users, Netflix’s regularly scheduled programming allows them to watch the full array of content that is available.
- Browsing on one screen only
Therefore, for $9.99 per month, Netflix subscribers are offered a choice of TV series, movies, documentaries, and more without any limitations. The rub is, that you must view in standard definition, and you can only watch on one device at a time. This plan suits a lone user who doesn’t use the streaming service for much more than Netflix and isn’t keen on Standard Definition.
Some things to note about the Basic plan:
- This plan does not enable you to download your favorite titles at your convenience time. Backups are only possible with the Standard and Premium plans, and, as a result, downloads as well.
- You also cannot even watch Netflix in HD, therefore, you have to upgrade to the next level known as the Standard.
While allowing the user to access all the Netflix for a monthly fee, some restrictions are applied to this Basic plan such as video quality, number of streams, and downloads allowed. However, for customers who are not very picky about the choice of movies they watch via Netflix, it is more than enough.
Netflix Standard
These include the Standard plan that is available at $15.49 per month in the United States in 2024. For that price, you get:
- High definition (HD) streaming quality, standard operating at 1080p resolution
- This option allows the user to have full access to the content provided by Netflix.
- Simultaneous streaming of programs on two screens
- HD available
- Downloads available
The Standard plan offers the features of HD streaming, 2 devices allowed for streaming at the same time, and mobile downloads in comparison to the Basic plan. This makes it a better option for households with multiple users who may be streaming different things at the same time or someone who wants to download and watch content offline.
The Standard plan includes streaming on phones, tablets, laptops, and TVs in high definition with no buffering. That way you can have enhanced Netflix streaming as compared to the Basic package, but the monthly price is still affordable for many people.
Netflix Premium
Netflix Premium is the highest content plan offered by Netflix. Currently, in the United States, it is $19.99 in the month of 2024. For it, you are willing to pay an additional $20 monthly fee, but what do you get in return? With Premium, you get:
- High quality via streaming in Ultra HD (4K) where offered, up to 4 simultaneous streams
- Quality of HDR in devices that support it
- Similar to the other plans, the same full library access as the other plans.
- Unlimited downloads
For yet another $20 per month, Premium allows streaming Netflix in 4K and HDR colors and contrast. This is the best Netflix streaming quality which would be ideal for anyone with 4K and HDR-compatible television sets or devices.
This makes the Premium plan ideal for families or multiple people as the four concurrent streams are possible. It has become possible for every person in a household to be doing something different even if they are watching the same thing on their gadget.
Also, unlimited mobile downloads enable one to download the latest episodes of the soap or any program from the internet to watch them later without any form of restriction on downloads.
Thus, Premium offers the highest Netflix library, video quality, and other options for a higher but still affordable monthly fee if you are a frequent Netflix user.
Regional Pricing Differences
Pricing mentioned so far is relative to Netflix US only which indeed would be cheaper if compared to Netflix US alone. Location as a factor can cause slight differences in the pricing between different countries and regions.
For example, Canadian plans are priced:
- The suggested pricing plans are as follows: Basic – CAD 9.99 per month
- Basic - CAD 9.99 per month Economy - CAD 14.99 per month Standard - CAD 16.49 per month
- Premium – CAD 20.99 (per month)
It is a general aspect that pricing differs from one country to the other within Europe, Latin America, and other parts of the world where Netflix is in operation. Often it does not differ much between the regions with only a few percentage points difference. However, specific prices do vary depending on the country element being targeted.
So without beating around the bush – here is the thing, the amount of monthly fees is variable depending on the area you live in. However, the tier concepts and most of the characteristics are quite similar and comparable internationally.
Additional Membership Fees
Important factors to note are that the Netflix monthly pricing quoted is only for your primary membership location and primary screen streaming. You can add additional "subaccounts" within your main Netflix subscription for family members, etc. These extra Netflix member slots involve some extra fees:
- On top of it, it costs $3 for an additional 1 member for standard account members: thereby making the total cost $18.49.
- Currently, there is an option to invite up to 3 additional members for premium account holders, costing $3 per month each. Thus, a Premium account optimized to its maximum carrying capacity would be $32.99 monthly.
Strangely, although Netflix advertises its pricing at $9.99 to $19.99 per month, adding extra sub-accounts under the main subscription does come with some extra charges. Do not forget about this while considering the actual expenses of providing multiple simultaneous users having their profiles with the recommendations.
Changes Over Time
It is expected that the membership price will rise with time and that Netflix will remain competitive even at a higher per-viewer price point. Since Netflix spends much of its money on creating better original content and its licensing fees continue to increase from acquiring other shows and movies, an increase in prices can help fund the company’s investments.
Some examples of recent changes:
- For instance, at the beginning of 2019, all these plans escalated their charges by $1-2 per month.
- The Premium plan was hiked in December 2020, from $15. 99 to $19. 99
- The Basic plan has been changed from the previous price of $8.99 to $9.99 in the early part of 2022.
Thus, even though tiers and features are already set, subscribers are likely to see Netflix raising its prices moderately higher per year.
What plan has the best price-to-features ratio?
Thus, which Netflix plan is the most desirable one that you are willing to pay for? It mainly comes down to your video streaming needs and priorities:
- The people who watch casually and maybe once a week or even less, using just their phone or tablet get enough value for their money under the Basic plan.
- The second price offer for up to 2 simultaneous streams also improves the quality for $15 with Standard HD streaming.
- For families who need top-notch 4K streaming and the ability to stream on more than one device simultaneously, AT&T considers the Premium option cheap.
It’s important to point out that there is no ‘worst’ pick here. All the tiers offer good value depending on the usage of the entertainment. Keep track of the current streaming to identify which plan is suitable for your usage without having to spend more money each month. Moreover, the idea that one can freely change Netflix plans as they wish also helps in modifying membership in the event of shifts in needs.
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