Spotify is raising its prices.
Beginning February, the price of a Spotify premium subscription plan will jump from $11.99 to $12.99 per month in the U.S., the company announced in a Thursday blog post.
In the U.S. — Spotify’s largest market — the company’s most recent price hike was in July 2024, following a cost increase in July 2023, which was the first time Spotify raised fees since debuting in the U.S. in 2011.
The new rate will impact users in the U.S., Estonia and Latvia. Prices were raised to similar rates in the U.K. and Switzerland in the fall.
“Occasional updates to pricing across our markets reflect the value that Spotify delivers, enabling us to continue offering the best possible experience and benefit artists,” the music streaming platform explained.
How much did Spotify increase its prices?
Prices were increased on all of Spotify’s plans. Here is how the previous prices compare to the new ones.
- Premium Individual: $11.99 to $12.99
- Premium Duo: $16.99 to $18.99
- Premium Family: $19.99 to $21.99
- Premium Student: $5.99 to $6.99
When Spotify launched in the U.S. in 2011, a premium individual plan was $9.99.
Spotify users react to price jump
Spotify users disappointed in the price jump entertained the idea of switching to lower-priced music streaming platforms, like Apple Music, Pandora and YouTube Music.