But if you pick the Microsoft 365 Family plan and have six users sharing it, you would have only paid $16.67 per head. In just two years, you would have already spent more if you chose Microsoft 365 Personal over Office Home & Student 2021. On the other hand, you will have to pay the $69.99 fee annually if you're going for Microsoft 365 Personal. However, since it's a one-time purchase, you only need to spend on the app once. The initial cash outlay for both versions of Office 2021 is significantly higher than Microsoft 365's offerings. The Personal plan costs $69.99 per year (or $6.99 a month), while the Family plan costs $99.99 per year (or $9.99 a month). Microsoft 365, the subscription-based office suite, also comes in two options: Personal and Family. Related: What to Expect With Microsoft Office 2021? The Home & Business 2021 license also lets you use the apps for corporate use. The former, which costs $149.99, includes the desktop versions of Word, Excel, PowerPoint, and OneNote, while the latter, at $249.99, adds Outlook to the mix. It comes in two flavors: Home & Student 2021 and Home & Business 2021. Office 2021 is the single-purchase version of Microsoft's office suite. You might be wondering, “Why is Microsoft offering two versions of essentially the same product?” So, to solve your confusion, here's the rundown between Microsoft 365 and Office 2021. But if you visit the Microsoft website, you'll notice that they're also offering Microsoft 365.

This is the latest iteration of the 30-year-old Microsoft's productivity suite.

Office 2021 launched alongside Windows 11 in October 2021.

Microsoft office academic version