Antenna is free of monthly charges, but you will be able to watch the broadcast channels only. You will have to perform certain antenna gymnastics to watch other channels.
However, if you can afford a HDTV, you can use cable or satellite as well. If you choose to go with satellite option, you must see if you would get line of sight to the satellite. Sometimes, the beam from the satellite is blocked, for example due to a gigantic tree in your neighborhood.
You need to place the satellite dish with a clear view of the northern sky. Therefore, it is highly advisable to visit your neighbors and see how their HDTVs are functioning.
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