Summary List PlacementPrime 30-Day Free Trial (medium)
Asking the question “How much would you pay for Amazon Prime?” is kind of like asking how much would you pay to keep using Google. It’s so fundamentally entrenched in our daily lives that it has reached a ubiquitous status. We are used to near-instant gratification, and, for many of us, it’s hard to put a price on that convenience.
If you pay month to month, an Amazon Prime membership is $12.99 per month, and a Prime Student membership is $6.49 per month. For EBT and Medicaid holders, additional discounts bring the cost down to $5.99 per month. Overall, paying month to month for the average user will cost you about $37 more than the annual option over a year.
Is Amazon Prime worth it at $119?
In short, yes. JPMorgan has estimated that your Amazon Prime membership is actually worth $785 annually.
For the $119 annual fee, Prime members get a ton of benefits (which definitely range in usefulness). Among them are free two-day shipping, free same-day shipping, and free two-hour delivery on eligible items (of which there are many), exclusive rewards and discounts, access to Prime Video, Prime Music, online photo storage, music and books, and over 20 other perks.
As a Prime member, you also get access to Prime Day discounts on everything from new TVs to Instant Pots to Amazon Echo devices. For those not familiar, Amazon Prime Day 2021 is the retail giant’s annual sitewide savings event exclusively for Prime members. Amazon announced that it will take place from June 21 to 22 this year.
Granted, you may not use every feature included in your annual membership, but the convenience alone is worth the cost.
If you’re a student and/or have access to a university email, you can save 50% on the yearly fee with Amazon Prime Student. You can also share your Amazon Prime and most benefits with family members via Amazon Household, making your dollar stretch even further. Even if none of that applies to you, it’s still generally a great investment.
Prime Monthly Subscription (medium)
Ultimately, most of us will pay a bit more for the perks we’ve come to rely upon without much grumbling. But, if you want a breakdown of the ways you’re saving and potentially reassess the cost, check out our breakdown below. If you’re unsure and haven’t made the leap yet, check out a free 30-day trial of Amazon Prime before deciding it’s worth committing to.
Here’s a breakdown of why Amazon Prime is still a great value, even at $119 per year:
DON’T MISS: Amazon Prime Day will be a full 48 hours this year, running from July 15 to 16 — here’s a quick rundown of what deals …read more
Source:: Business Insider