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  Image Courtesy of Microsoft
  Office 2013 Logo

Office 365 pricing has been announced by Microsoft earlier this week.

A single subscription for Office 365 Home Premium will cost $8.33 per month and will be billed $99.99 annually. The subscription could be accessed by up to 5 users and will sell in both physical and online stores across 227 markets.

This should be good enough to cover an entire household, according to Microsoft. Each sign-in with an individual account will automatically save the users settings and documents.

The Office 365 Home Premium package comes with all Office applications including Word, Excel, PowerPoint, OneNote, Outlook, Access, and Publisher. The programs could be used for either Macs or PCs. Customers purchasing the package will also receive 20GB of SkyDrive storage free along with 60 minutes of Skype world calling per month.

Microsoft is also offering an Office 365 Small Business Premium package that can be used by anywhere from 1-10 employees in a small business at the same time. This also includes every Office application along with 25GB of Outlook mailbox, and 10GB of professional-grade cloud storage. This service can be purchased for $12.50 per month and will be billed $149.99 annually. Microsoft will also offer a free 30 day trial.

The company also announced that customers purchasing Office 2010 or Office for Mac 2011 will qualify to download a free one year trial of Office 365 Home Premium or the equivalent of Office 2013 when it is available.

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For those on the fence about purchasing the software, a customer preview is now available that will give users a feel of how this service will work.

Microsoft should also be announcing the release date for Windows 8 in the coming months as the software is expected to launch before the end of this year.