Microsoft shares revised pricing for the desktop & cloud based versions of Office as noted below

Here’s What Office 2021 and Office 365 Will Cost — Redmondmag.com

It’s easier to create together with Microsoft 365 and Office 2021 – Microsoft 365 Blog

Microsoft shared prices for its “perpetual-license” Office 2021 products and its subscription-based Microsoft 365 products for consumers and small businesses in a Friday announcement.  Microsoft is highlighting the inclusion of Microsoft Teams for personal use in both the Office 2021 and Microsoft 365 products. Real-time co-authoring is another feature that was touted for both products.

Office 2021 perpetual-license products for consumers and small businesses are available for purchase as of Oct. 5 from Microsoft or retailers. That same availability presumably holds true for the Mac product versions, too, but the announcement wasn’t specific. Here are the prices for the new consumer and small business Office 2021 perpetual-license products for PCs and Macs:

    • Office Home and Student 2021 for $149.99. It comes with “Word, Excel, PowerPoint, OneNote, and Microsoft Teams for PC and Mac.”
    • Office Home and Business 2021 for $249.99. It adds “Outlook for PC and Mac and the rights to use the apps for business purposes” on top of the apps listed above.

New Microsoft 365 productivity products for consumers and small businesses are available as of Oct. 5 for purchase via Microsoft subscriptions.  Here are the prices for the new consumer and small business Microsoft 365 subscriptions:

    • Microsoft 365 Personal for $6.99 per month or $69.99 per year.
    • Microsoft 365 Family for $9.99 per month or $99.99 per year, which supports “families and households of up to six people.”

Both of these Microsoft 365 subscriptions give users access to “premium versions of Word, Excel, PowerPoint, OneNote, Outlook, OneDrive, Microsoft Editor, and Microsoft Family Safety for PC, Mac, and mobile,” the announcement explained. In addition, the PC versions of these Microsoft 365 subscriptions come with “Access and Publisher for PC.”