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The factors that increase the price of a domain are varied - as with all costs over 5 years. The Registry for the domain controls most pricing requirements for domains. You may also wish to review your domain before checking out to see if you have any enhancements added from your registration 5 years ago (privacy, business registration, protected registration, etc.).
Registry increases, improved domain management, account security, and the enhanced performance of our infrastructure dictate the first recent increase (early 2019) in several years to GoDaddy domain prices. You can read more about the importance of this increase here.
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