The price of cable has increased significantly over the years. Many cable bills are north of $200 a month, but that also includes phone and Internet. This means that customers can save around a $100 a month by cutting the cord.
Depending on your viewing habits, dropping cable may or may not be a major sacrifice. If you watch movies and older TV shows you may be able to replace cable with Netflix or Amazon Prime. These services usually cost around $10 a month depending on the options chosen.