People always forget inflation in these discussions too. Inflation has been about 50% since 2007 around when Netflix started to become popular. So multiply those prices by 1.5 and you’ll have a more accurate comparison to today’s prices. Not only that, but the cable bundles that have all the best high definition and spirts packages were well over $200 at the time ($300 in today’s currency).
Streaming not only has better features, better resolution, less hassle, but is 100% still cheaper than cable. And don’t forget that about 50% of airtime on cable was ads. Those cable companies were milking us for every cent and all of our patience they possibly could. People were sick of it for decades by that point and that’s why Netflix was so successful in the first place.