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Reports indicate that each episode of House of the Dragon cost approximately $20 million, which means season 1 was $200 million. Contrasting with the first season of Game of Thrones, which cost around US$ 6 million per episode, and the last one, which spent US$ 15 million, we can see that House of the Dragon was much more expensive. In addition, there are other series even more expensive. For example, Stranger Things costs $30 million per episode and The Lord of the Rings: The Rings of Power had a budget of $465 million for its first season.