How much does Monarch Money cost?
Monarch Core costs $14.99 a month or $99.99 a year, which works out to $8.33 a month. Monarch Plus costs $199.99 a year, about $16.67 a month, and is billed only annually. Prices are in US dollars plus any tax, checked on Monarch's pricing page November 9, 2026. Monarch says it gives at least 30 days' notice before a price change.
On Core, paying yearly saves $79.89 against twelve monthly payments. Monarch recommends signing up on its website rather than through the App Store or Google Play, because a subscription billed by Monarch is easier to change, and some discounts only apply to it.
Monarch Core, monthly
- Price
- $14.99/mo
- What you get
- Budgets, cash flow, recurring charges, investments, net worth, and goals, for the whole household
Monarch Core, annual
- Price
- $99.99/yr ($8.33/mo)
- What you get
- The same as monthly Core, billed once a year
Monarch Plus
- Price
- $199.99/yr ($16.67/mo), annual only
- What you get
- Core plus forecasting, business tracking, deeper investment analysis, and a couple's will through Trust & Will
Candor
- Price
- Personal plan with your banks connected: $14.99/mo or $99/yr, 7-day free trial. Or try it free with your history from Monarch, YNAB, Copilot, or your bank.
- What you get
- The AI agent you already use to set up and keep your goals and budget, with a review of your finances
What is the difference between Monarch Core and Plus?
Core is the full budgeting app: accounts, budgets, cash flow, goals, investments, and net worth for the household. Plus keeps all of that and adds forecasting of your net worth and cash flow, business tracking for side income or rentals, gains and losses with Morningstar fund analysis, and a complimentary couple's will through Trust & Will.
Plus features are on the desktop for now; Monarch says only parts of business tracking work on mobile. The will becomes available once the trial ends. You can move from Core to Plus at any time, and from Plus back to Core at the end of a subscription period, and Monarch says your data stays when you downgrade.
Whether Plus is worth the extra $100 a year depends on which of these you would use.
Is Monarch Money free?
No. Monarch has no free plan, and it shows no ads; subscriptions are its only revenue. You get the first week free, and if you cancel at least 24 hours before the trial ends, you are not billed. Plus has the same 7-day trial when you first sign up.
Use the week as a test. Link your accounts, sort a month of transactions, and set up a budget. If you cancel during the trial, you keep access for the rest of it.
Monthly or annual: which Monarch plan should you pick?
If you plan to keep Monarch a year, annual Core is the cheapest way to pay, at $99.99 against $179.88 for twelve monthly payments. Pick monthly to keep the commitment short. You can switch between monthly and yearly at any time under Settings, Billing, Manage subscription, and Monarch credits what is left of the plan you leave.
The yearly plan is less of a risk than it looks. If you decide Monarch is not for you at any point, its money-back guarantee refunds the remaining time on a subscription it bills directly. Subscriptions bought through the App Store are refunded only by Apple.
Are there Monarch Money discounts or promo codes?
Monarch documents a few. Its pricing page offers new users 30% off the first year of annual Core, with a code shown on that page, and it can end at any time. Someone you know who uses Monarch can send you a referral link for 50% off the first year of annual Core. Monarch's help center also lists partner promotions.
Monarch's codes work only on Core plans billed by Monarch, not on Plus or monthly plans or App Store and Google Play subscriptions. Each household gets one, codes can't be combined, and they can't be applied after you have been billed. You can still add a code during a trial started on the website.
What does one Monarch subscription cover?
The whole household. You can invite a partner or other members at no extra cost, each with their own login, and they see and add to the same accounts and budget. Plus covers the household the same way Core does.
Only the household admin manages billing, so a member who wants to cancel has to ask the admin.
What does Candor cost instead?
Candor's Personal plan connects your US banks, cards, and brokerages, so every account and transaction comes in on its own and Candor always reviews current records. It costs from $8.25 a month on the annual plan ($99 a year), or $14.99 month to month, and its first 7 days are free. You can also try Candor free first. Bring your history over from Monarch, YNAB, Copilot, or your bank. Download your transactions there, and your agent adds your accounts from the file. With Candor, the AI agent you already use sorts your spending and keeps your goals and budget for you, and Candor tells it what's worth talking through and why.
The Personal plan connects your US banks, cards, and brokerages, so every account and transaction comes in on its own and Candor always reviews current records. You can also try Candor free first. Bring your history over from Monarch, YNAB, Copilot, or your bank. Download your transactions there, and your agent adds your accounts from the file.
Tell your agent what you want, like paying off the cards or working four days a week, and it sets up goals from your real accounts and a budget that pays for them, and tells you what works and what doesn't yet. Candor has no phone app of its own and no credit score; you use it through your agent and a web dashboard, and it never moves money.
Who should pay for Monarch?
Pay for Monarch if your household wants one app to check together and enjoys keeping it current. It is one of the strongest choices for couples, and annual Core is good value for that. Plus earns its price if you have business income, rentals, or investments you want to analyze in depth.
We publish Candor, a competitor, and we did not test a Monarch account for this page. Every Monarch figure here comes from its pricing page and help center, checked November 9, 2026, and listed below.
Common questions
- How much is Monarch Money a month?
- Core costs $14.99 a month on the monthly plan, or $8.33 a month billed as $99.99 a year. Plus costs $16.67 a month, billed as $199.99 a year.
- Does Monarch Money have a free trial?
- Yes. The first week is free on Core and on Plus. You are billed when the trial ends, and cancelling at least 24 hours before then avoids the charge.
- Is there a Monarch Money promo code?
- Monarch's own pricing page shows a code for 30% off the first year of annual Core for new users, and a referral link from a Monarch member gives 50% off. Codes do not apply to Plus, monthly plans, or app store subscriptions.
- Is Monarch Money free?
- No. Monarch has a free first week and no free plan. If you want your AI agent to run the budget instead, Candor is free to try with your Monarch history.
- Does Monarch charge per person?
- No. One subscription covers the household, and adding members costs nothing.
- How much does Candor cost?
- Candor's Personal plan connects your US banks, cards, and brokerages, so every account and transaction comes in on its own and Candor always reviews current records. It costs from $8.25 a month on the annual plan ($99 a year), or $14.99 month to month, and its first 7 days are free. You can also try Candor free first. Bring your history over from Monarch, YNAB, Copilot, or your bank. Download your transactions there, and your agent adds your accounts from the file.
Sources
- Pricing Monarch
- Pricing (help center) Monarch, November 8, 2026
- Monarch FAQs Monarch, November 6, 2026
- Monarch Plus Tier Monarch, October 27, 2026
- Updating Your Subscription Monarch, November 9, 2026
- Monarch's Money-back Guarantee Monarch, November 7, 2026
- Discounts and Promotions Monarch, November 7, 2026
- Referral Rewards Monarch, October 30, 2026