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Should You Cut the Cord? Pros, Cons, and Costs of Ditching Cable TV for Streaming

With a vast array of original series, classic movies, and new shows available online, more people are canceling cable subscriptions in favor of services like Netflix and Hulu.

If you're clinging to cable but wondering if it's time to switch, consider what you'll lose, what you'll gain, your streaming options, and the costs involved. As streaming experts who've tested dozens of services and devices over years, we've got the insights to help you decide.

We'll break it all down below.

Top Online Streaming Options

Cutting the cord opens up numerous streaming services. Key subscription players include Netflix, Hulu, and Amazon Prime, each delivering original content, recent movies, TV shows, documentaries, and international films.

To find the best fit, check our detailed comparisons like Netflix vs. Hulu vs. Amazon Prime, or explore 15 top streaming channels to replace cable.

Should You Cut the Cord? Pros, Cons, and Costs of Ditching Cable TV for Streaming

Other strong contenders: HBO Now, CBS All Access, Showtime, and Sling TV for live TV (though without DVR). For free broadcast networks (ABC, CBS, NBC, PBS, Fox), a simple HDTV antenna—even a DIY one—works great. See our guide on ditching cable with an HDTV antenna.

Pricing breakdowns appear at the article's end.

Best Devices for Streaming

Opt for a smart TV or affordable streaming devices that connect via HDMI: Roku, Apple TV, Amazon Fire TV, Google Chromecast, or consoles like PlayStation 4 and Xbox One. Our roundup covers the 8 best devices to stream movies to your TV.

Should You Cut the Cord? Pros, Cons, and Costs of Ditching Cable TV for Streaming

Compare Chromecast vs. Apple TV vs. Roku to pick the right one. Roku and Apple TV also unlock free content like Vice, TED Talks, Spotify, and Pandora.

What You'll Lose

Sports and Live Events: Streaming skips live sports, major events, awards shows, and broadcasts. Sports fans may need extra packages: MLB.TV ($25/month to $80/year), NHL ($159/season), NBA ($120-$200/season or $7/game). Local blackouts often apply.

Should You Cut the Cord? Pros, Cons, and Costs of Ditching Cable TV for Streaming

Next-Day Delay: Hulu and HBO Now drop new episodes a day late, risking spoilers on social media—especially for timely shows like The Daily Show or Full Frontal with Samantha Bee.

Should You Cut the Cord? Pros, Cons, and Costs of Ditching Cable TV for Streaming

Shared Viewing Experience: Miss live tweeting during reality hits like The Bachelorette or real-time votes on The Voice.

Should You Cut the Cord? Pros, Cons, and Costs of Ditching Cable TV for Streaming

Limited Show Availability: Not everything streams: Full Frontal clips on YouTube, Bravo reality on their site (cable login needed), CBS full episodes via All Access subscription.

What You'll Gain

Exclusive Originals: Netflix dominated 2016 Emmys with 54 wins (House of Cards, Orange Is the New Black); Amazon had 16 nods (Transparent, Master of None). Hulu offers The Mindy Project, Casual, 11.22.63, The Path. Prime includes Mr. Robot S1 free.

Should You Cut the Cord? Pros, Cons, and Costs of Ditching Cable TV for Streaming

On-Demand Anywhere: Watch anytime on apps—no DVR limits or extra fees. Stream on tablets/mobile with Wi-Fi.

How Much You'll Save

Most services cost under $15/month (Amazon Prime adds shipping perks). All-in at base rates: ~$81.52/month (or $83.93 streaming-only). Top three (Hulu + Netflix + Prime): $24.97/month vs. average $99.10 cable bill—save ~$74!

Cable bundles inflate prices; promos end with hikes. Basic plans start low but lack sports.

ServiceMonthly CostAnnual Cost
Hulu Plus$7.99$95.88
Netflix$7.99 - $11.99$95.88 - $143.88
Amazon Prime (streaming only)$8.99$107.88
Amazon Prime (Full)$6.58 - $8.25$79 - $99
Showtime (add-on)$8.99$107.88
Showtime$11$132
HBO Now$14.99$179.88
CBS All Access$5.99$71.88
Starz$8.99$107.88
Sling TV$20 - $40$240 - $480

Device costs (one-time, list prices):

DevicePrice
Roku Box$49.99 - $129.99
Roku Streaming Stick$49.99
Amazon Fire TV$99.99 - $139.99
Amazon Fire TV Stick$39.99 - $49.99
Apple TV$69 - $149

Ready to cut the cord? Already switched? Or sticking with cable? Share your experience in the comments!