Friday, May 3, 2024

Are you spending more than $50/month on streaming?

A recent article in Cord Cutters News says that most streamers spend less than $50/month on streaming services.

Earlier this week, the Website published results from a recent survey regarding the amount of money streamers spend for TV.

According to survey, more than 66% of cord cutters spend $50 or less on services each month. Only 23.5% of our readers pay $51 or more each month.

Here is a full breakdown of how much our readers spend on TV content each month.

  • 5.7% spend $0 to $10 a month.
  • 10.1% spend $11 to $20 a month.
  • 12.5% spend $21 to $30 a month.
  • 19.9% spend $31 to $40 a month.
  • 23.9% spend $41 to $50 a month.
  • 23.5% spend $51 or more a month.

4.5% declined to answer or said they don’t pay anything for video services. (This group was not included in the 66% of cord cutters who pay less than $51 a month.)

The article also mentions the top streaming services, and it might surprise you.

... what would four streaming services cost every month for the average cord cutter? (Why with ads? Because cable TV has ads.)

  • Disney+ $7.99 with ads.
  • Paramount+ $5.99 with ads.
  • Discovery+ $4.99 with ads.
  • Netflix $6.99 with ads.

Total Cost: $25.96 a month.

...

Why no live TV streaming services like FuboTV or Hulu with Live TV? In short, our survey shows most cord cutters don’t pay for live TV streaming services. If you are not a sports fan, you do not need a live TV streaming service. There is also an argument to be made that the on-demand services listed above offer more content compared to traditional cable TV.

I don't normally use a service such as YouTube TV, Sling TV, or Fubo, although for part of the year (college football season) I do. My Streaming Life averages around $33-$34 each month, as I wrote about about a month ago. I hope you aren't paying too much for TV. If your average is over $50/month, maybe it's time to ask yourself why, and see if you can save some money.

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