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Is the $27 Premium Plan Worth the Investment?

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Man watching Netflix using an iPad

Right on schedule from its last price hike in January 2025, Netflix is once again raising its prices across the board, bringing its cheapest, ad-supported tier up to $8.99 per month and its premium plan to a staggering $26.99, maintaining its lead as the most expensive single streaming service out there.

This puts Netflix on a roughly 14-month cycle of price hikes — its last increase before 2025 arrived in October 2023 — though that one at least spared the $15.49 Standard plan. Before that, we’d last seen an increase in January 2022.

Netflix’s New Prices in March 2026

As with the last round of price increases, this latest one affects all plan tiers. Here’s the rundown of the current prices, and how they’ve changed.

Plan Tier Oct 2017 Apr 2019 Jan 2022 Oct 2023 Jan 2025 Mar 2026
Standard w/Ads $6.99 $7.99 $8.99
Basic $7.99 $8.99 $9.99 $11.99*
Standard $11.99 $12.99 $15.49 $15.49 $17.99 $19.99
Premium $13.99 $15.99 $19.99 $22.99 $24.99 $26.99

*Existing subscribers only

Netflix introduced its ad-supported plan in mid-2022. It was initially equivalent to the Basic Plan, but upgraded to match the Standard tier in early 2023. Meanwhile, the Basic Plan was discontinued for new sign-ups in July 2023. Existing subscribers were allowed to keep it for a while, but when the $2 price hike in late 2023 failed to sour the milk enough to get folks to jump to another plan (it’s telling that was the one time the Standard plan didn’t get a price hike) Netflix forced the issue, telling Basic subscribers to pick a new plan or go away.

In the early years, Netflix used to grandfather in existing subscribers to insulate them against its price hikes. However, that changed with its 2017 round, with customers forced to pay the higher rates as soon as they come into effect. The same undoubtedly applies with these latest increases; new subscribers will pay between $8.99 for the ad-supported plan and $26.99 for the premium plan effective today, while existing customers will likely get a grace period to carry them until at least their next renewal date.

Netflix also introduced Extra Member accounts following its password sharing crackdown in 2023 to let folks legitimately add people outside of their household, such as kids away at college, extended family members, or close friends.

Netflix offers Extra Member accounts, which are standalone accounts with their own username and password, paid for by the main account holder. These accounts come with one screen and one profile, and have the same features as the main account, including streaming quality and download limits. Initially priced at $7.99 per month, the Extra Member Accounts saw a price increase to $8.99 per month by January 2025. Additionally, a new tier called “Extra Member with Ads” was introduced at $6.99 per month, offering an ad-supported experience with limited quality and download limits.

Price hikes are not unique to Netflix, as other streaming services like Disney+, HBO Max, and Amazon Prime Video have also increased their subscription fees. Apple TV, for example, started at $4.99 and has seen gradual price increases, reaching $9.99 by 2023. Despite the price hikes, Apple TV has been seen as a loss leader, investing in high-end content to attract subscribers. In August, the monthly subscription price for Apple TV rose to $12.99, with the annual price remaining unchanged at $99. This increase was likely aimed at reducing subscriber churn and preparing for new content additions like F1 and MLS streaming.

Overall, the streaming industry is experiencing price hikes across the board, with companies adjusting their subscription fees to balance content investment and subscriber retention. Despite the increases, streaming services continue to offer a variety of options to cater to different user preferences and needs.

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