Netflix has grown into a global streaming giant with 300+ million paid members. Whether it’s binge-worthy series, blockbuster series, or exclusive originals, Netflix offers it all under one roof.
However, it’s also a reality that enjoying the content on Netflix isn’t as cheap as it used to be… Over the years, the subscription prices have skyrocketed and have made Netflix a luxury rather than a necessity.
The rising cost of Netflix accounts has forced viewers to turn towards other options. One such option is to buy Netflix accounts (shared), which allows multiple people to split the bill while enjoying the same premium quality content.
In this guide, we will explore the rising cost of streaming and how account sharing can help you save money. We will also explore the difference between shared and private Netflix accounts.
Contents
The Rising Cost of Netflix Streaming
Netflix positioned itself as the go-to place for entertainment that’s affordable & accessible. However, the prices of the Netflix plans have increased steadily over the years.
Today, the Netflix standard plan in the US costs $17.99 per month. This is equal to about $216 per year, which is very high. The price of the Premium plan has also increased, which now costs $24.99/month or nearly $300/year.
And it seems that Netflix isn’t alone, as the majority of other streaming services have also raised their prices. This has led to what we know today as “subscription fatigue”.
A direct result of this subscription fatigue is that people are now spending less money on streaming services. The data shows that the average spend on streaming services in US households dropped to $42.38/month in 2024. Meanwhile, the average streaming spend in 2023 was $55.04!
With the rise in entertainment costs, many viewers are now switching to buying a shared Netflix account. But does it save money? Yes!
How Netflix Account Sharing Saves Money
Netflix account sharing has hit the mainstream and is no longer a niche habit. Recent data from Netflix shows that around 100 million households share passwords. Out of these, around 30 million are from the US and Canada alone!
So, around 33% of Netflix’s global subscriber base is engaged in account sharing. But why? Account sharing allows users to lower the cost of access significantly.
Let’s look at the math:
The Netflix Premium subscription costs $24.99/month, which is quite high. On the contrary, you can get a Shared Premium account for just $3 – $4 from U7BUY.com.
In fact, you can get even lower prices if you get a shared account subscription for 3-6 months or a longer duration.
So on a yearly basis, the Premium subscription costs nearly $300/year, while a shared account will cost you less than $30. That’s a saving of almost $280 (93% savings) on a yearly basis!
Although the shared Netflix accounts have become popular, many users still worry about privacy & convenience. For starters, the recommendations can get muddled when several people use the same account.
In addition, you may also get interrupted if too many people stream at the same time. A simple answer to all these questions is a private Netflix account.
A private account gives you unrestricted access at all times, and all the recommendations are tailored to your viewing habits.
The best part? You can easily get a private Netflix account from U7BUY at very affordable rates as compared to getting them directly from Netflix!
So, if you want to get the security and convenience of being the only user, then you should get a private account!
However, it’s also worth mentioning that getting shared accounts from a reputable platform is also a good option. Such accounts are very secure, and you don’t have to worry about too many people streaming at the same time.
FAQs
Have some questions about the Netflix account subscriptions? We have the answers:
It doesn’t matter if you have a shared or a private account, as Netflix provides access to the same library of content. So, you can access all the movies, series, and features which are available in your region.
Do private accounts cost more?
Yes, the cost of a private Netflix account is higher than that of a shared account. If you get a dedicated account from Netflix directly, the cost will be very high. However, you can also get private accounts from marketplaces such as U7BUY at very affordable rates.
Does sharing an account affect my recommendations?
Netflix recommendation system learns from the account viewing history. So if multiple users are watching on the same account, their choices will also influence the recommended content.
Conclusion
The prices of Netflix keep climbing year after year with no end in sight. This has made Netflix a costly habit for many households. Amidst all of this, account sharing offers an easy & effective way to enjoy the same premium account at a fraction of the cost.
So, it wouldn’t be wrong to say that getting a shared Netflix account is the smartest streaming hack available today! Going this route allows you to save big without compromising on quality. In the end, it’s not about cutting back on entertainment but all about getting it smarter, safer, and for far less.
