Microsoft is also releasing a new standalone version of Microsoft Office for both Windows and Mac - for a flat price, no subscription required - on Oct. Microsoft's suite of productivity software - which includes Word, Excel, PowerPoint, Outlook, Microsoft Teams, OneDrive and SharePoint - typically costs $150 for a one-time installation (as Office 365), or between $70 and $100 every year for subscription service access across devices and family members (as Microsoft 365). There are a few ways to get the service for free. If you don't want to spend your money on Microsoft 365, don't stress.

The service, formerly known as Office 365, offers more features than the average office software, but it can be costly. Whether it's for work or personal use, chances are at some point, you're going to need to access a Microsoft Word document, a PowerPoint presentation or other basic tools found in Microsoft 365. You can use Microsoft Office apps for free.