Spotify raising its price for ad-free plan

(CNN)– For the second time in a year, Spotify is raising its prices.

The audio streaming service says starting in July, U.S. subscribers will pay a $1 more per month for its ad-free premium plan.

That comes to $11.99 per month and is a 20% price jump over the past two years.

Some of Spotify’s other service tiers are seeing increases, including split plans and family plans.

Spotify says the price hikes will help it invest in and innovate its features for a better user-experience.