Google drops prices for cloud storage way below competitors

Cloud storage is more affordable than ever with Google’s latest price cut for Google Drive. Google announced the massive savings on its blog on Thursday, a surreptitious reveal just hours after Amazon jacked up Prime prices. Under the new plans, customers will have access to 15GB of storage for free while rates will be $1.99 per month for 100GB (previously $4.99), $9.99 for 1TB (previously $49.99) and $99.99 for 10TB.

Google today slashed the prices for its Google Drive product, bringing its base price way below cloud storage competitors Dropbox and Microsoft’s recently renamed OneDrive. Google said it would now charge $1.99 per month for 100 gigabytes (previously $4.99) and $9.99 for 1 terabyte (previously $49.99), with 15GB free. Keep in mind that the different providers offer all sorts of freebies and incentives and have different tweaks to their accounting styles, but that now puts the price of 100GB at $23.88 per year using Google, $50 per year on Microsoft and $99 per year on Dropbox.