This month we saw Disney raise the prices of its streaming services at the same time DIRECTV raised the price of its TV service. Earlier this year Spectrum raised its price for the second time in 12 months. This renewed the debate: what is cheaper cable TV or cord cutting?
So, exactly how much are cord cutters paying for streaming? We asked over 1,000 of our readers, and more than 52% told us that they pay $60 or less a month on streaming (with 46.7% of them paying $50 or less a month).
A growing number of cord cutters skip expensive live TV services for less expensive on-demand streaming services. There has also been a push to less expensive live TV services like Frndly TV (that costs less than $30 a month) and Philo (that costs less than $10 a month).
Increasingly TV viewers who are not sports fans are ditching cable TV and live TV streaming services like YouTube TV and Fubo in favor of on-demand only options that are significantly less expensive.
The other changing trend is the growth of ad-supported plans that cut the cost of on-demand only services. Increasingly cord cutters are willing to accept ads in exchange for saving money.