In all fairness they kept the $9.99 price for 12 years.
www.theverge.com
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It’s Spotify’s turn to increase prices
After Apple, Amazon, Tidal, and YouTube Music Premium.

As well as increasing the price of a single Premium subscription, the cost of Duo will increase from $12.99 to $14.99, Family will increase from $15.99 to $16.99, and Student will increase from $4.99 to $5.99.