Well, the rumors are true, Netflix is raising its prices once again.

The standard plan, which was previously $13.99, is now $15.49. The premium plan with the best HD picture now costs $19.99 (up from $17.99), and the basic plan jumped from $8.99 to $9.99.

It doesn't seem like too big of a deal until you realize how much Minnesotans actually spend on streaming services altogether.

During the height of the pandemic, U.S. consumers turned toward television and movies for a sense of comfort and entertainment. A survey conducted by Corus indicated that people started subscribing to more platforms in the past year than ever before.

Bloomberg
Bloomberg Results of Corus Survey
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The average person subscribes to three platforms, as you can see in the graph above. (My family, personally, has four: Amazon Prime, HBO Max, Netflix, and Disney+.)

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It's true, streaming services add convenience to our busy lives, but at what cost?

A monthly Disney+ subscription costs $7.99 (or $79.99 for a full year), Hulu is $6.99 a month with ads or $12.99 a month without ads, and HBO Max is $7.99 with ads or $11.99 without them.

In addition, there's Paramount+, Discovery+, Amazon Prime, and numerous others to factor in.

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Bloomberg Results of Corus Survey
Bloomberg Results of Corus Survey
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All in all, most people spend somewhere between $30 and $40 each month on streaming services, which is better than cable in most instances, but for how much longer?

Don't get me wrong, I love all my streaming platforms, but each time I see a price increase, it does make me question my subscriptions.

How many streaming services do you have? Let us know in the comments below.

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