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More cable customers are choosing to "cut the cord" and opt into a streaming-only TV experience, but not every service is right for every person.
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Streaming showdown: Which TV service is best for you?

Comparing services for cable TV cord cutters

Emily Wilder is the mother of a 1-year-old daughter. With so many things to pay for, the soaring price of her cable TV package was too much.

"Cable was just getting so expensive," she said. "It was $150 a month, and I didn't really need it."

Like a growing number of cable customers, Wilder cut the cord, leaving just her internet connection and Hulu for streaming shows. That $150 a month cable bill?

"It's now down to just $55," she said.

Butler County resident Rocco Newby also dropped his cable package a few months ago.

"They started increasing the price to $130-140," he said. "And when it got to $170, it was ridiculous to pay that much for cable service when you are just watching a couple of channels."

He uses an Amazon Fire Stick, two streaming services and an antenna to pick up local channels.

"I'm saving almost $1,000 a year," he said.

That's real money, and is why millions of people are now dropping their cable packages.

So which service is best for you? No one size fits all. It depends if you are a fan of news, sports or lifestyle programming because each service has its own specialty.

How to cut the cord

So let's get started.

if you are thinking of making the move, you'll need high-speed internet, which will run about $30 to $60 a month for cable or phone company fiber or DSL. Then you'll need a streaming device, such as Smart TV with built in streaming, a Roku box, Apple TV box or an inexpensive Google Chromecast or Amazon Fire Stick. (You can get the latter for as little as $20 on sale.)

If the service does not include local channels, a $30 antenna from Amazon or Best Buy will get you about 15 local channels, including ABC, CBS, NBC, FOX, and PBS.

Now, you're ready to stream.

But which service is right for you?

Alex Haslam is with CutCableToday.com, a Utah- based comparison service, which has looked at the five biggest players: DirecTV now, YouTube TV, SlingTV, Hulu Live and PlayStation VUE. Here's how they stack up.

You also have other options: Amazon Prime is just starting up a live TV service, but it is still primarily for watching individual shows, and is not yet a full service streaming option. However, the company is already integrating Alexa into the service, so in the next year it could become a major player.

Then there are niche services, like Fubo, Netflix, Crackle, Vevo, and Twitch, which each serve a specialized user (such as movie lovers, sports fanatics, or gamers).

However, it's important to know they all have drawbacks."There's not one streaming service that captures every single quality of a cable subscription," Haslam said.

She added the key is to know which channels you want. Some services have all the ESPN channels and Fox Sports; some don't. Some have Comedy Central; while some have HGTV. News junkies will want to make sure they can get CNN and Fox News.

The websites TomsGuide.com has also compared all the major services, and offers its own opinions on which are best.

Rocco Newby said streaming may not be as convenient as the old cable remote, but once you get used to it, "you can watch anything."

So do your homework first and don't waste your money.

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“Don't Waste Your Money” is a registered trademark of Scripps Media, Inc. (“Scripps”).

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