Food and gas prices aren’t the only things headed on an upward swing these days, as Netflix has raised prices on all of its plans again. 4K streaming customers will pay $20 per month to see Netflix’s content in its highest resolution.
The Basic (SD) plan is now priced at $9.99 per month, the Standard (HD) plan is priced at $15.49 per month, and the Premium (4K) plan is priced at $19.99 per month.
The Basic plan has been hit with a $1 hike, up from $8.99 per month. The plan allows users to watch on just one screen at a time, and the streaming quality is limited to 480p standard definition. Standard plan viewers will see a $1.50 per month bump, up from $13.99 per month. The plan allows for 1080p HD streaming and allows users to watch on two screens at a time.
Premium plan customers will now pay $2 more per month, up from $17.99. The plan allows users to watch on up to four screens at the same time and it is the only plan that offers a 4K HDR streaming option.
These new 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.
It’s been a bit over a year since Netflix’s last significant price jump. Netflix previously raised its prices in October 2020. The Premium plan is $4 more expensive than it was in fall 2020.
Netflix pricing is much more expensive than most of its competitors, although it should be noted that Netflix also offers more content for the money than the other streaming services.
An Apple TV+ subscription is $4.99 per month. Hulu’s basic plan starts at $6.99 per month and its no ads plan is $12.99 per month. HBO Max is $14.99 per month, Disney+ runs $7.99 per month, and Peacock Premium is on the same level as Apple TV+ at $4.99 per month. All of these services offer 4K content at no extra charge.