Does Cord-Cutting in 2023 Really Save You Money?

Craig breaks down how much TV and internet services are today in comparison to cord-cutting.

0:00 - Intro to Sling TV and if cord-cutting saves you money
1:31 - Price of average internet and TV bill
1:57 - Internet costs
4:45 - The price to beat for cord-cutting to make sense
5:45 - Streaming TV costs
7:44 - Breakdown of Sling TV, the cheapest live TV streaming service
8:32 - Can you still save money by streaming the same channels you were getting on cable?


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[andygraning]

Craig!
Cord Cutting is a constant evolution.
One thing my family learned from cord cutting nearly 6 years ago is that we don’t need a live TV service. Granted, we finally got rid of the last one we used last summer, but we realized our habits changed enough that it wasn’t necessary anymore.
With no contracts and just about every show available on demand the next day, live TV is going the way of the dinosaur.
That said, we do have an antenna for local news and football. That was a one time investment, not a monthly subscription.

[mitsoku]

My argument would be, why would I want a cable replacement or slim version, wouldn't the point of cord cutting be just getting a normal streaming subscription with internet?

[alansides]

Craig, one thing that people leave out. If you use cable or satellite, you still are going to have internet. With that said internet cost shouldn't be included in the formula since most households would have internet anyway. Thanks for all your informative videos. Alan Sides

[JoeHusosky]

Craig, I miss seeing you so much on this channel. Just isn't the same without you. I usually not interested in the other stuff you do. Sorry. 😔

[russellcrane]

Yeah my cable cost was about $115 a month plus about $70 a month for equipment rental ( for a couple of TiVo boxes) plus an assortment of taxes fees and that CC charges. That ran it up over $200.

[william_mac]

Sounds pretty right on to me Craig. My DSL service is $50 a month for life (so they say). However I paid $200 for the modem. It comes in at a Max of 84 Mbps, which is plenty. How I save my money over one year is unsubscribing to YouTube TV between May and September each year. I just go with the free services. You see I really only need all the local channels and the ESPN family for NFL football & college basketball. My antenna only works for CBS and PBS. I live in a canyon in the country. If I lived in town I probably wouldn't even subscribe to YouTube TV. My total cost for internet and live streaming per year comes in at just over $1, 100. I'm happy with that for now. Have a good one you all!

[fickedyodad]

For me cable is still cheaper than having streaming services for what I consume. The reason being is that the majority of the shows I watch are all on different services. If I say 90% of them were on one service I wouldn’t mind paying for two to get the extra 10%. But as it stands I’d be at about $15 more per month over my spectrum. This includes HBOMax and Showtime.

It all depends on what you watch.

[michaelwyckoff]

Cable is expensive and not that great resolution wise. Id rather have a few of the premium apps like Disney plus and HBO max and good internet connection. Ive had cable before and it was lousy as far as i was concerned.

[debhufnagel]

Analyzing your budget and viewing habits is what REALLY saves you money.

[fawkkyutuu]

Cord cutting will always be superior because of the optional month to month modularity.
The only real possible problem Is If you just have to have one of the full live tv streaming services
which ballooned In price over the last 5 years and are now back In cable territory, but If you can live with 2 or 3 smaller on demand non-live tv streaming services at $10 - $15 a peice, you save alot.

[IamSonoma]

Great video. Thank you.
My Xfinity bill was killing me. Made me sick for a bunch of junk that we did not watch.
Philo + OTA + 1TB fiber up and down and no data cap is $100. Beats any $150 Xfinity low tier package any day and do not worry about going over the cap. And if I need dvr I can add channels dvr + and record philo and OTA(plus Pluto and other TV everywhere channels and I get over 1000 channels I never watch :/ - options). I can do it the way I want and do not need to rent boxes that have limited capabilities.

[donhgr]

Your numbers are not accurate at all, I had Direct TV satellite for $140 and always had my 90meg for 55 total and always also had an antenna in attic. I switched from satellite to Direct Steam notice no difference and pay $75, so there ya go and you can’t count internet you already have towards TV service

[VeryVocalPro]

This comparison also assumes you wouldn’t have internet if you weren’t streaming. Pretty sure people use internet for quite a bit more than watching TV. Even if you take half of the $45 a month and put that toward the TV you’re still in pretty good shape with all the services.

[TruuJones]

I'd love to hear this channel's thoughts and insight into this supposed proposal in New York for a new streaming tax.

[Richie]

great content! thanks for keeping posted.

[stevena]

Comcast here in North NJ charges $65 for their Connect internet, which is 75 mbps.
They charge $87 for their Connect More internet, which is 200 mbps.
I have Verizon 5G Home Internet for $50 per month, which has been working great. That is paired with a Roku streaming device and YouTube TV. My total monthly cost is $123 for TV and Internet.
This is saving me $20 per month than when I had Comcast. I find the YouTube TV channel lineup to be comparable with the Comcast TV Popular TV plan, which I had.

[lindak]

I’m just watching this because of Craig! Miss him.

[edkolly]

In Canada our costs is doubled or more thanks to little competition and over regulation through our government regulations thanks to the CRTC and protectionism in Canada thanks to lobbying through the government becoming censorship expanding through new laws such as bill C-11 !

[mrmax]

What am I missing? Cable (by itself) is over $110 for a channel lineup anywhere close to what these streaming services offer. And you're locked into a contract, and obligated to have equipment...

[jeffmcentire]

Craig, for me it is more than just the money, it is the freedom. I am still a bit lower than I was when I had cable. With the streaming services, I can watch them from anywhere in the US. I am much happier with streaming services than I was with cable. Internet, well I have kept the same service for the past 2 years.

Subject change - Craig, would you consider doing a monthly reviews live? I know the weekly was getting to be too much for you. Even every 6 weeks, a live would be good.