When Google first announced Google Drive, the company made waves, if not by being better than Dropbox, then at least by being cheaper. 100GB of storage on Google Drive was $4.99 a month to Dropbox's $19.99. Well, today Dropbox is getting closer to being competitive with Google by increasing the amount of storage for its Pro users.

From Dropbox's blog entry on the subject:

Today we’re happy to announce that our upgrades are getting a huge upgrade! Dropbox Pro now comes in flavors of 100 and 200 GB, but at the price of the original 50 and 100 GB plans. For those of you who need even more space, a brand new 500 GB plan is also joining the posse! If you’re already a Dropbox Pro subscriber, just take a seat and enjoy the fireworks — your Dropbox will supersize itself automatically tonight.

So, while the prices are staying the same, the amount of storage you get for the money has increased. To show the new price comparisons with Drive, we've gone ahead and updated the table from our previous post on the subject below:

^{Updated pricing comparison chart as of July 10th}

As you can see, Dropbox still isn't quite as cheap as Google Drive, but the gap has closed quite a bit. Now, instead of being 4x as much for the cheapest tier, it's only twice as expensive. Since Google Drive is still pretty new—our own Ron says it should come with a beta tag—Dropbox users could easily justify the extra expense.

If you've already got a Pro account, you don't need to do anything to get the extra storage space. Just wait for your account to be upgraded. Enjoy all the extra legroom! Everyone else, if you've been on the fence and are reconsidering signing up, the new pricing goes live tonight, so sit tight.

Source: Dropbox