The cost is fixed for the storage tier, not per person. Whether you share with 1 family member or 5, the price is exactly the same ($2.99 for 200GB or $9.99 for 2TB).

Moreover, price stability can be a differentiator in a crowded market. Competitors frequently adjust pricing, add tiers, or introduce promotional discounts that later revert to higher rates. A promise that the family plan’s cost will not increase for a set term—say 12, 24, or 36 months—sends a signal of confidence in product value and respect for customer loyalty. For many households, that signal is worth selecting one provider over another.