A little over a week ago, Microsoft announced that Office 2021 would be available on October 5th. The company didn’t mention how much it would cost, but those interested in the standalone version of the productivity suite will be interested to know that it will cost $ 250.
This comes from a follow-up post on their website where Microsoft announced that Office Home and Business will cost $ 250 in 2021, while Office Home and Student will cost $ 150 in 2021. Both versions will contain standard software such as Word, Excel, PowerPoint, OneNote and Microsoft Teams for PC and Mac, while Home and Business 2021 will also contain Outlook and the rights to use the apps for business purposes.
For those hesitant about the price of Office, remember that this is a one-time purchase. This is in contrast to Microsoft 365, a monthly / yearly subscription which is cheaper upfront but potentially more expensive in the long run.
However, Microsoft 365 guarantees that you will always have support and updates to the latest versions as long as you are subscribed, and there are additional features that some users may find useful or necessary. In either case, both options are different depending on your needs.
Also, keep in mind that Microsoft is finding that Office 2013 is incompatible with Windows 11, which is also slated for an October 5 release if you’ve paid for the standalone versions of Office when you update to Windows 11 plan.
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