Your Netflix Bill Is About to Get More Expensive, and Most People Have No Idea

Your binge-watching habit just got pricier.

If you have Netflix, and aren't just mooching off your old roommate's password, your bank account might be in for a surprise. Business Insider reports 17 million Netflix subscribers, or around 37 percent of everyone who uses Netflix, will have to start paying more next month—and the vast majority of people have no idea the change is coming. 

Back in October, Netflix announced that new customers were going to have to pay a dollar extra a month for its "Standard" plan, which lets you watch on two screens at the same time. That raised the price to $9.99 a month, but existing users were grandfathered in at $7.99 a month. But now, that grace period is over.

Advertisement - Continue Reading Below

Now, starting in May, every single subscriber under the standard "HD" plan will pay $9.99 a month. And according to a JP Morgan survey, 80% of people who will be affected by the price hike don't know it's happening. A separate survey by UBS said that 15 percent of people said they'd cancel if the prices went up, but in reality, maybe around 3 or 4 percent of subscribers actually will, because we're lazy and Orange Is the New Black is really good.

If you want to save around $24 a year, you can always downgrade to Netflix's "Basic" plan, which doesn't let you stream in HD and only lets you watch on one screen at a time. But if you're a cord-cutter, $9.99 a month is still way cheaper than your cable subscription was.

Follow Marie Claire on Instagram for the latest celeb news, pretty pics, funny stuff, and an insider POV.

More from Marie Claire:
Culture
Share
'Downton Abbey' Stars Reunite for a New World War II Film
Culture
Share
The New Word That Debuted the Year You Were Born
Culture
Share
I Was 8 Years Old When My Mother's Boyfriend Made Me His Sex Slave
Culture
Share
Watch the New, Even More Terrifying Trailer for 'The Handmaid's Tale'
Culture
Share
How to Protect Yourself from a Nude Photo Hack
Culture
Share
'Handmaid's Tale' Stars Alexis Bledel and Elisabeth Moss Have Some Thoughts About How to Survive in a Horrible World
Culture
Share
40 People Watched This Girl Get Sexually Assaulted on Facebook Live. None of Them Alerted Police.
Culture
Share
Joe Biden the Human Met Joe Biden the Golden Retriever and the Pictures Are Almost Too Good to Be True
Culture
Share
Women Are Taking to Twitter to Describe Their Most Frustrating Encounters with Mansplainers
Culture
Share
You Probably Never Noticed This Weird Detail in Princess Diana and Prince Charles' Photos