News Tech Software Costs Have Gone up an Average of 62% over the Past...

Software Costs Have Gone up an Average of 62% over the Past Decade

Capiche is a startup that was founded to offer transparency on the costs of the Software as a Service (SaaS) model. According to the company’s latest article, prices have went up an average of 62%, with some apps costing 98% more than a decade ago.

That’s “over three times faster than inflation, outpacing even rent and healthcare.” Capiche’s data can be explored in a public Google Sheets spreadsheet.

And it’s not like you can quit paying. Where you could purchase Microsoft Office or Photoshop in a box then use it forever, today’s subscriptions require you to pay to keep using them. Subscriptions often work out to cost generally the same as if you’d purchased every upgrade in the past.

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SourceCapiche

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