Infographic comparing Office 2024 Home Home and Business and LTSC features and apps Office 2024 license types explained

Office 2024 license types explained: Quick Guide for Buyers

Office 2024 Deep Dive: Home, Home & Business, LTSC, and More

Microsoft has officially launched Office 2024, the latest perpetual license edition of its iconic productivity suite. Unlike Microsoft 365, which runs on a subscription model, Office 2024 is a one-time purchase that gives you lifetime access to core Office apps on a single PC or Mac.

But which version should you choose—Home, Home & Business, or LTSC 2024? Let’s dive into the details and compare.


🔹 Office 2024 Home

  • Includes: Word, Excel, PowerPoint, OneNote

  • Licensing: Personal use only (no Outlook, no commercial license)

  • Best for: Students, families, personal projects

  • Price: $149.99 (one-time purchase)

👉 The Home edition is ideal if you only need the basics: writing papers, creating budgets, and making presentations.


🔹 Office 2024 Home & Business

  • Includes: Word, Excel, PowerPoint, OneNote, Outlook

  • Licensing: Licensed for commercial use

  • Best for: Freelancers, small business owners, professionals

  • Price: $249.99 (one-time purchase)

👉 This version adds Outlook and gives you the legal right to use it for business, making it the smart choice if you manage professional communication and scheduling.


🔹 Office LTSC 2024 (Long-Term Servicing Channel)

  • Includes: Word, Excel, PowerPoint, Outlook, Access (PC only)

  • Licensing: Volume licensing only

  • Best for: Enterprises, government, regulated industries

  • Price: Varies (depends on licensing agreements)

👉 LTSC 2024 is all about stability. It won’t get new features—only security updates—making it perfect for organizations that need long-term reliability without constant changes.


🚀 What’s New in Office 2024?

  • Fluent Design update for a modern, consistent look across apps

  • Excel: New array formulas, IMAGE() function, better chart tools

  • PowerPoint: Cameo feature lets you embed your live webcam feed

  • Word: Improved auto-save and OpenDocument (ODF 1.4) support

  • Outlook: Smarter search and simplified meeting scheduling


🏷 Office 2024 vs Microsoft 365

Feature Office 2024 Microsoft 365
Payment One-time Monthly/yearly subscription
Apps Core apps only Extra apps (Publisher, Access, Teams, etc.)
Updates Security fixes only Constant new features + AI (Copilot)
Devices 1 device Up to 5 devices per user
Cloud None 1 TB OneDrive per user

👉 Choose Office 2024 if you want a one-time payment and don’t care about cloud tools.
👉 Choose Microsoft 365 if you want AI features, cloud storage, and multi-device flexibility.


❓ Frequently Asked Questions (FAQ)

Q1: Is Office 2024 a subscription?
No, it’s a one-time purchase with no recurring fees.

Q2: How long will Microsoft support Office 2024?
Office 2024 includes five years of support, ending around October 2029.

Q3: Can I install Office 2024 on more than one computer?
No, each license is valid for one device (PC or Mac).

Q4: Does Office 2024 include Teams?
No, Teams is only included with Microsoft 365 subscriptions.

Q5: What’s the difference between Office 2024 Home and Home & Business?
Home & Business adds Outlook and a commercial license, making it suitable for work.


✅ Final Thoughts

  • Office 2024 Home → Best for families and personal users.

  • Office 2024 Home & Business → Perfect for freelancers and small businesses.

  • Office LTSC 2024 → Designed for large organizations needing long-term stability.

For advanced AI features, cloud access, and multi-device support, Microsoft 365 is still the best choice.

👉 Ready to upgrade? Get genuine Office 2024 and Microsoft 365 licenses at softwarekeep.us.

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