For its first season, which premieres on August 21, the network plans to spend “under $20 million” each episode.

The per-episode budget for House of the Dragon was not “too far above” that of Game of Thrones Season 8, meaning it’s between $15 million and $20 million. According to the study, HBO was able to keep expenses low because of the lessons learnt while producing Game of Thrones, Westworld, and His Dark Materials.
Stranger Things Season 4 will cost Netflix $30 million each episode. This makes it one of the most costly television series ever made.
House of the Dragon, as the title indicates, concentrates on House Targaryen, Daenerys Targaryen’s ancestors. Paddy Considine, Olivia Cooke,Steve Toussaint, Emma D’Arcy, Matt Smith, Fabien Frankel, Sonoya Mizuno, Eve Best, and Rhys Ifans star in the program.
Martin and Ryan Condal co-created the program. Condal is also a co-showrunner alongside director Miguel Sapochnik, who is well recognized for his work on Game of Thrones‘ Battle of the Bastards episode.