6 Most Expensive TV Shows Ever Made: From Loki To Stranger Things

The Six most expensive TV shows ever produced, with episode budgets soaring into millions. Here’s how much studios are spending to deliver blockbuster-quality series.
  • Amit Diwan
  • Editorial
  • Updated - 2025-06-01, 08:01 IST
most expensive tv shows ever made


Television production has entered a new era, with budgets that rival and sometimes surpass Hollywood blockbusters. Streaming giants are investing heavily to deliver cinematic experiences at home. According to a report by Screen Rant, some of the most popular series are costing upwards of $25 million per episode, proving that studios are leaving no stone unturned to win viewers' attention.

Here’s a look at six of the most expensive shows ever made, with exact numbers and details.

Most Expensive TV Shows Ever Made

The Lord of the Rings: The Rings of Power – $58 Million Per Episode

Topping the list is Amazon's The Lord of the Rings: The Rings of Power, with an extraordinary production cost of $58 million per episode. As per Screen Rant, this figure places the fantasy series in a category of its own. The show’s lavish sets, extensive CGI, and massive cast contribute to a budget that makes even blockbuster films appear modest.

Stranger Things Season 4 – $30 Million Per Episode

Netflix spared no expense with Stranger Things Season 4, investing $30 million per episode. The show’s rising production scale, including elaborate visual effects, intricate sets, and action-heavy scenes, pushed the budget to record highs.

WandaVision – $25 Million Per Episode

Marvel Studios’ WandaVision, one of Disney+’s early flagship series, reportedly cost $25 million per episode, according to Screen Rant. The series, which blends classic sitcom aesthetics with superhero storytelling, demanded extensive VFX work and a strong cast lineup, which significantly added to the expense.

She-Hulk: Attorney at Law – $25 Million Per Episode

Another Marvel series, She-Hulk: Attorney at Law, matched WandaVision’s budget with $25 million per episode. Much of the cost stemmed from the CGI required to bring the title character to life.

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Loki Season 1 – $25 Million Per Episode

The first season of Loki also carried a budget of $25 million per episode, Screen Rant reports. The show’s time-travelling storyline, visual effects, and Tom Hiddleston’s return as the God of Mischief contributed to the high cost.

Loki Season 2 – $23.5 Million Per Episode

While slightly less than its predecessor, Loki Season 2 still ranks among the most expensive with a reported $23.5 million per episode. Despite the minor drop, Marvel continued to deliver high-end production values, keeping the series visually consistent and engaging.

These soaring budgets underline the fierce competition among streaming platforms like Netflix, Amazon Prime Video, and Disney+. Each OTT platform is determined to produce headline-making content capable of drawing in and retaining subscribers.

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