People who poach or trade services do not give a true representation of their cost to cut the cord. For instance, regular Hulu and Netflix subscriptions start at $9 and $11/month, respectively and $20 in total. There is a net savings of at least $9 for the discouraged, but allowed, practice of password sharing. Irrespective of the whispers that content providers are considering cracking down on sharing passwords, some don't have that ability in the first place.
I did a quick and dirty calc of the true cost for my family to cut the cord a few weeks ago, because my Comcast contract is coming to an end and we will be going month-to-month at the same price. I already have my own wireless router/gateway, two everyday smart TVs, plus a Chromecast and Roku. We have a little used "dumb" TV in the basement and our original HDTV is collecting dust in storage.
Even if I were to pick and choose the most cost-effective combination to best emulate my wants and desires, (including but not limited to premium channels, favorite sports teams, Boston area, UConn, and Washington Redskins, and probably most important, a DVR.). I would save about $20, giver or take. Instant access is worth something, as is the X1 platform, and Xfinity Stream app which makes any handheld device a de facto TV. At the end of the day. The router/gateway will pay for itself in a matter of months and I could save another $10 by returning the auxiliary box on the aforementioned little used TV and just make it fulltime Roku or Chromecast.