It’s been a little over three years since our family has paid for cable TV, and truth be told we don’t miss it a bit. We don’t miss the cable-only TV shows, we don’t miss the special offerings such as the home improvement channels or science channels, and we certainly don’t miss paying the $60+ a month in cash that we were doling out to the cable company. Now we spend our time discussing Netflix vs. Hulu shows and which ones are best.
We brought our TV bill down from $720+ a year to $108 a year simply by switching to Netflix. Streaming services such as Netflix and Hulu offer many of the same great shows that cable or satellite offer, but for a fraction of the cost.
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Differences Between Netflix vs. Hulu
Although both Netflix and Hulu offer streaming services, there are differences in each company’s plans. Here are some basics regarding each streaming service and the plans they offer.
Hulu came on the streaming scene in 2007 and currently boasts over 20 million users. You can sign up for a membership with Hulu if you live in the United States, the U.S. territories or Japan.
Hulu offers two simple but effective plans:
- The Hulu Basic option
- And the Hulu with Live TV option
Here is some information on the two plans.
The Hulu Basic costs $5.99 per month. You’ll get full access to the Hulu streaming library for that price. However, you will see a limited amount of commercials with that plan. If you want the basic plan with add-ons such as “no commercials,” it’ll cost you $11.99 a month instead of $5.99 a month.
Note that even with the “no commercials” add-on, a few shows have commercials before and after episodes. This is due to streaming rights pertaining to the particular shows.
Also, you can add on viewing options for HBO, Cinemax or Showtime with the Basic plan. But it’ll cost you extra cash each month.
Hulu with Live TV
Hulu with Live TV works a bit differently than Hulu Basic. You have access to Hulu’s streaming library and you’ll also have the ability to watch most cable and local channels live.
You pay $54.99 per month for Hulu with Live TV. It costs $60.99 per month if you want the ad-free Hulu streaming library.
This subscription package works like a cable TV package.
Some of the 60+ channels you can watch live include:
- Mainline channels such as ABC, FOX, CBS and NBC
- HGTV (Home and Garden TV), the Food Network, the Travel Channel
- FX, FXM and FXX
- The Smithsonian Channel and the History Channel
- ESPN, ESPN2, ESPN News and ESPN U
- The Disney Channel, Disney Junior and Boomerang
- A&E, TRUTV and National Geographic
And more. As you can see, Hulu with Live TV offers something for everyone in terms of channel selections. There are live sports games for the sports fanatics, live prime time shows for the major networks, etc. They even include viewing to major news networks such as FOX, CNN and MSNBC.
Hulu also has original content offerings such as The Handmaid’s Tale, Castle Rock, The Looming Tower and Hard Sun.
More Hulu Benefits
Hulu subscribers can access a library of content on connected TVs, smartphones, gaming consoles, tablets, mobile devices and set-top boxes. Their service offers content from dozens of different providers, such as ABC, Fox, NBC, CBS, MTV, TLC and many, many more.
According to their site, “Hulu is the only streaming service that offers a library of the current season hit TV shows, films, full seasons of acclaimed series, premium original programming and clips to subscribers.”
Another benefit is in the speed with which Hulu offers episodes of prime-time TV shows such as CSI. Hulu offers programs much sooner after they air than Netflix does; in many cases, shows are available as early as the day after they air.
If you’re interested in a streaming service that is quick to offer prime-time TV episodes and a great cable lineup, you might like Hulu. Now we’ll talk a bit about Netflix and what they have to offer.
Hulu Disney Bundle
As Disney is Hulu’s parent company, you can save money on for Disney+ and ESPN+.
The basic Disney bundles provides access to these three streaming plans:
- Hulu Basic (with ads)
You pay $12.99 per month for the basic Disney bundle. Subscribing to each plan separately costs $17.97 monthly.
Hulu also lets you upgrade your Disney bundle to a more robust Hulu plan. The bundle with ad-free Hulu Basic costs $18.99 per month. Bundling with Hulu with Live TV costs $61.99 per month but the Hulu streaming library has ads.
Netflix started the business in 1997 as an online movie rental service. Soon after, they morphed into a movie streaming service with a monthly fee for unlimited viewing.
Hulu offers popular show episodes often within 24 hours of when they air, Netflix focuses more on quantity. You won’t find prime time TV series episodes available nearly as quickly on Netflix as you will on Hulu.
However, Netflix shares thousands of movie and TV offerings – a much larger amount of content than Hulu offers. And they have more viewers to prove their popularity: nearly 150 million currently.
If you’re okay with not having instant access to show seasons and movies, Netflix can be the way to go.
One nifty feature that all Netflix plans offer is downloading content to watch on-the-go. You may use this perk when traveling or you’re not on public WiFi.
Here are the available Netflix plans.
Netflix’s $8.99 a month plan offers several benefits:
- You can watch on your laptop, TV, phone or tablet
- You can watch on one device at a time
- Unlimited access to TV and movies
- Cancel anytime
In addition to the features above, the Netflix $10.99 a month plan includes:
- HD viewing when available
- You can watch on up to 2 viewing screens at a time
You must choose this or the Premium plan to watch on different devices at the same time.
Netflix’s $15.99 a month plan includes additional features such as:
- Ultra HD viewing when available
- You can watch on up to 4 viewing screens at a time
Netflix has a nice selection of original TV series as well, such as:
- Boss Baby: Back in Business
- Nailed It!
- Marvel’s Luke Cage
And more. They have original series choices for both kids and adults alike. You will see content from the “uplifting and encouraging” to the “riveting and suspenseful.”
Other Things to Love About Netflix
Another Netflix advantage is that they have streaming services available in over 190 countries. That nearly covers the entire earth. The exceptions are primarily countries that have restrictions on what types of U.S. companies can operate in them. If you live outside of the United States, United States territories or Japan, you can’t get Hulu.
Regardless, though, the money savings of both services is admirable. Even at $15 a month, the $180-a-year package options for both Hulu and Netflix are both much cheaper than most cable and satellite packages.
Netflix does win out in terms of the amount of content. However, Hulu has a distinct advantage in that they offer new episodes of popular shows so quickly after they air.
While Hulu with Live TV costs close to what you’ll pay for a basic cable package, the benefits might outweigh cable services. For instance, cable TV doesn’t offer a streaming library. Whichever streaming app you choose, streaming services are bound to beat out cable and satellite TV packages.
Other Streaming Alternatives
You probably know that Hulu and Netflix are not your only streaming options. The list of streaming companies continues to grow. Check out some of these other user favorites.
Amazon Prime Video
Amazon Prime Video is a streaming service that ranks right up there with Netflix. With nearly as many users (it currently boasts 100 million+) and a large selection, Amazon Prime Video has other benefits as well.
Amazon Prime Video has two subscription options:
- $8.99 per month plan
- $12.99 per month plan
Prime Video for $8.99 Per Month
The basic Prime Video plan costs $8.99 per month. For that price, you can stream from Amazon’s video streaming library. This plan doesn’t offer “Amazon extras” like access to the music and Kindle libraries.
You will need to get an Amazon Prime membership for to use these extra services.
Prime Monthly for $12.99 Per Month
Prime Monthly costs a bit more at $12.99 per month. You can also buy an annual Prime membershiip for $119 ($9.92 per month). You’ll save over $35 off the monthly subscription price.
Prime Monthly benefits include:
- Free two-day shipping on all Amazon orders
- Ad-free music streaming
- Unlimited reading
- Unlimited photo storage
Amazon Prime also has a popular selection of original shows, including Sneaky Pete, Bosch and more. If you’re a frequent Amazon shopper and like the idea of free two-day shipping, this can be a better streaming plan.
Note: Personally, we have tried Amazon Prime in the past. One thing I didn’t like about it was that many of the TV and movie selections cost users an extra fee; $2 or so. This bugged me. When I pay for a streaming service, I want access to the whole library included in the subscription price.
Sling TV is a streaming service that functions more like a “choose your own” cable service. With Sling TV you can choose from three package options: Sling Orange, Sling Blue and Sling Orange/Blue. Here’s a quick rundown on each.
Sling Orange costs $30 per month and comes with nearly 30 cable channels.
A few of the best Sling Orange channels include:
- ESPN, ESPN2 and ESPN3
- Lifetime, TBS and IFC (Independent Film Channel)
- The Disney Channel and Cartoon Network
- The Food Network, the History Channel and Comedy Central
Among others. Lots to choose from here, and at a reasonable price. Sling Orange is one of the cheapest ways to watch ESPN and Disney. Other streaming apps save these channels for their pricier packages.
Sling Blue costs $30 per month as well but offers many different cable channels than what Sling Orange offers. It also offers more channels, standing at over 40 offerings currently.
Some of the cable channels you’ll get with Sling Blue include:
- USA, Bravo, FS1 and FS2
- Nick Jr., National Geographic and National Geographic Wild
- TNT, TruTV and AMC
- NBC Sports, Bravo, and the NFL Network
And more. Depending on which cable channels you prefer, both the Blue and the Orange packages with Sling could be enticing. However, there’s a third option.
The Sling Orange/Blue combo allows you to get both Sling Orange and Sling Blue for a discounted price of $45 per month. Now, it’s important to note that the Blue and Orange packages do have some duplicate channels.
In other words, you won’t be getting 70+ channels if you take the combination package. Instead, you will get a hefty selection of cable TV channels at a great price. Sling is a great option if you’re a big fan of watching live TV, and not so into the original programming.
So which do you choose? Netflix vs. Hulu? How about both?
As for our family, we’ll likely be sticking with Netflix. With our Netflix subscription, we get streaming of many of our old favorite cable shows, such as Storage Wars and BBC’s Money for Nothing. We may get the season offerings later than when they are available on cable, but that’s of little importance to us.
Of course, the streaming service you choose depends on the tastes and preferences of you and your family. If you’re casual TV watchers like we are, Netflix will probably fit your tastes just fine.
However, if there are certain shows or channels you just HAVE to have – those non-miss shows that you wait eagerly for – you might prefer Hulu. If you’re a big Amazon shopper, Amazon Prime might be your best choice. Or, if you love your cable TV channels, you might prefer Sling TV.
The point is that there are many options out there that are comparable – and often favorable – to cable and satellite TV options. Gone are the days when a $100-plus cable or satellite TV package is your only choice. There are multiple alternative TV viewing options that can provide entertainment for you and your family.
And many of them cost a lot less than what you’ll pay for cable or satellite. That’s money in the bank for you and a boost toward reaching your financial goals. While saving $50 or 60 dollars a month might not seem life-changing, it can indeed add up.
Combine that with cost savings in other areas of your life, and you could be well on your way to changing your financial picture in a big way. Well Kept Wallet’s founder, Deacon Hayes, did just that. By cutting seemingly small expenses here and there, they were able to pay off over $52,000 in debt in just eighteen months.
As you work to challenge every expense in your quest for financial independence, why not start with your TV viewing preferences and trade in your more expensive satellite or cable options for an inexpensive streaming option such as Hulu or Netflix? With the money you save, you’ll be a millionaire in no time. 🙂
Which is better? Netflix vs. Hulu? Or do you prefer another streaming app? Comment below to let us know how you watch your favorite shows.