Google has increased the pricing of their paid storage plans with the launch of Google Drive.

One good thing is that users already paying for storage can continue with their current plans.

They cannot upgrade or downgrade to any of the older plans. Any attempt to do so would switch them to the new pricing structure.

Here are the pricing details:

Old (Yearly)

20 GB - $5
80 GB - $20
200 GB - $50
400 GB - $100
1 TB - $256
2 TB - $512
4 TB - $1024
8 TB - $2048
16 TB - $4096

New (Monthly)

25 GB - $2.49
100 GB - $4.99
200 GB - $9.99
400 GB - $19.99
1 TB - $49.99
2 TB - $99.99
4 TB - $199.99
8 TB - $399.99
16 TB - $799.99