For this comparison we will be comparing Office 365 Home & Office 2016 Home & Student.
Which one is right for you? Hopefully after this you would be able to put your needs into better perspective.
Office 365 is a subscription based. Every year you would have to renew your subscription. Think of it as renting an apartment or business space. Office 2016 is a one-time purchase. You pay for it, you own it, it is yours.
Now, before we get to the list of details and differences, let us get this out of the way first, the price. At the time of this article a copy of Office 365 Home cost $600.00 and a copy of Office 2016 Home & Student Cost $950.00. FYI Office 365 Personal cost $405.00.
|Office 365||Office Home & Student|
|Cost||Pay a small yearly fee||Pay a single, one-time cost|
|Office Applications||Get the latest version of Office applications, like Excel, Word, PowerPoint, and Outlook. Right now that’s Office 2016, but your version will continue to receive new feature updates. PC users also get Access and Publisher.||Get Office 2016 applications, like Excel, Word, and PowerPoint. Your apps won’t be updated when new features are released.|
|Install Office on more than one Computer||With Office 365 Home, you can install Office desktop applications on up to 5 computers, which can be a combination of Macs and PCs. If you don’t need all of those installs, share them with members of your household.||One-time purchases are designed for a single operating system, so your copy of Office is good for either one Mac or one PC.|
|Feature Updates||Your version of Office will always be improving. Get the latest features and updates from Microsoft. Major upgrades to future versions are included.||Security updates are included, but you won’t get new features that are added to Office 2016. Upgrades to major releases are not included.|
|Extra Online Storage||Securely store your files in the cloud and access them from anywhere. Get 1 TB of OneDrive cloud storage per user, for up to 5 users.||Not included.|
|Install Office and get Advanced Features on Tablets and Phones||Get extra features when you sign in to Office apps on your device. With Office 365 Home, you’ll get these extra features on up to 5 tablets and 5 smartphones.|
Office 365 is a recurring yearly charge which you’ll have to keep paying to get updates and continue using the Skype and extra storage. Now, weigh the benefits to the cost.