Amazon Prime Membership Price Increase Coming

Subscription Costs Rising

Amazon Prime members will soon be paying more for their subscriptions.

Annual Fee Increase

The annual membership fee will increase from $119 to $139, a 17% increase.

Monthly Fee Increase

The monthly membership fee will increase from $12.99 to $14.99, a 15% increase.

Effective Date

The price increases will take effect on May 11, 2023.

Reasons for the Increase

Amazon has not stated the reason for the price increases, but it is likely due to rising costs in areas such as shipping, labor, and content.

Impact on Prime Members

The price increases will likely lead to some Prime members canceling their subscriptions or switching to a lower-cost option. However, many Prime members will likely continue to pay the higher fee due to the value of the benefits offered, such as free shipping, streaming video, and music.