Stranger Things Season 5's Budget Doubled From Last Instalment, Netflix Spent $50-60 Million Per Episode - Report

The last eight episodes of Stranger Things are also its costliest. Netflix has gone all out for the last season of one of its biggest shows, as the budget has doubled from Season 4 to Season 5. Find out how much

the cult series, created by Matt and Ross Duffer, cost the streaming service in its last outing.

Stranger Things Season 5 cost Netflix $60 million per episode

According to the Puck newsletter, Netflix spent around $50 to $60 million per episode for Stranger Things Season 5, taking its total to $400 to $480 million. In comparison, the fourth season of Stranger Things reportedly cost $30 million per episode. However, the previous season had nine episodes compared to one less for the last season.

https://www.youtube.com/watch?v=iKZyYdwS3Wg

The budget of $480 million is more than what some of the films released in 2025 had. The recent sequel Jurassic World Dominion had a budget of $465 million net, and the fifth season easily surpasses that. This is not the first time Netflix has shelled out the big bucks for its flagship series. The Witcher Season 4, which is premiering on October 30, cost $221 million for eight episodes, as per a report in Forbes. Each episode of the series cost around $27.6 million. ALSO READ: Stranger Things 5: Makers Drop First Look Character Posters Connecting Season 1, Upside Down, And Huge Nostalgia

More about Stranger Things Season 5

For the last season, the core gang of Mike Wheeler (Finn Wolfhard), Dustin Henderson (Gaten Matarazzo), Lucas Sinclair (Caleb McLaughlin), and Will Byers (Noah Schnapp) are on a mission to find and kill Vecna (Jamie Campbell Bower). However, he is nowhere to be found. Hawkins, Indiana, has also been placed under military quarantine, and the search for Eleven (Millie Bobby Brown) has been intensified.What will happen in the final battle, and who will remain standing? The answers will be answered when Stranger Things Season 5 premieres with Volume 1 (Episodes 1-4) on November 26. Volume 2 (Episodes 5-7) will release on Christmas, and the last ever episode 8 will be released on New Year’s Eve. Each volume releases at 5 pm PT.