Microsoft announced the new Office 365 Personal package in a recent blog post that offers the full Office 365 suite for an individual user at an expected price $6.99 (USD) per month.
The Office 365 Personal license lets a user run Office on a single PC or Mac and one tablet.
It also offers an annual subscription option of a $69.99 per year, Microsoft said, adding that all prices are estimates only and determined by resellers.
“We recognize that there are households of all shapes and sizes and we’re committed to delivering the right Office for everyone – whether that be one person or an entire household,” Microsoft said.
Microsoft also said that it will rename its Office 365 Home Premium package to Office 365 Home.
Both the Home and Personal options will still include 60 minutes of Skype calling per month and 20GB of additional OneDrive storage, Microsoft said.
The changes to the Office 365 personal licenses are set to roll out “this Spring [Feb-May 2014]”, Microsoft said.
Microsoft currently offers Office 365 Home Premium for $99.99 per year, or $9.99 per month in the US. In South Africa it costs R749.99/year or R74.99 per month.