Netflix has revealed that it will be raising the price of all of its plans in the US and Canada. The basic plan, which allows for only one non-HD stream, is increasing from $8.99 to $9.99. The standard plan, which allows for 2 simultaneous HD streams, is increasing from $13.99 to $15.49. The premium plan, which allows 4 simultaneous 4K streams, is increasing from $17.99 to $19.99. Here’s a look at the history of Netflix price increases and where the trend says prices will be in the coming years.
The last time Netflix increased the basic plan cost was in January 2019, when it went from $7.99 to $8.99. That trend indicates that the next increase would be to $10.99 in 2024, but I wouldn’t be surprised if Netflix keeps the $9.99 price for even longer to retain the ability to advertise the service at less than $10.
The last time the standard and premium plans increased was October of 2020 when the standard plan jumped up by $1.50 and the premium plan increased by $2. If the standard and premium plans increase again in about a year, they will likely move up to $16.99 and $21.99, respectively. However, if Netflix waits until 2024, which seems more likely, you can probably expect the standard plan to cost $17.99 and the premium plan to cost $22.99.