AWS Billing and Cost Management
aws.amazon.com
What it is
AWS Billing and Cost Management helps organizations handle AWS invoices and review, organize, forecast, and manage cloud costs. The Bills page provides downloadable invoices and detailed monthly billing data. Cost Explorer visualizes costs and usage over time, with filters and groupings such as account and service, and projects future costs from historical and current patterns. AWS Budgets can alert users when spending or usage thresholds are crossed or forecast to be crossed, and track Reservations and Savings Plans utilization and coverage. Cost Anomaly Detection identifies unusual spending and possible causes, with alerts sent individually or in daily or weekly summaries by SNS or email. Cost Categories sorts cost and usage data into customer-defined groupings and can be used with Cost Explorer, AWS Budgets, and the Cost and Usage Report. The service is listed at free, but some features have usage charges. Cost Explorer API requests cost $0.01 per primary billing view request or $0.01 per source for custom billing view requests. Hourly granularity has a 14-day lookback and applies to specified cost and usage data.
Spec sheet
- Purpose
- AWS Billing and Cost Management provides features to set up billing, retrieve and pay invoices, and analyze, organize, plan, and optimize costs.Read 4 Oct 2026 · docs.aws.amazon.com
- Integrations
- Cost Categories can be used with AWS Cost Explorer, AWS Budgets, and AWS Cost and Usage Report.Read 4 Oct 2026 · aws.amazon.com
- Compliance
- AWS lists certifications and attestations including ISO 27001 and SOC 1, SOC 2, and SOC 3, and says customers remain responsible for applicable compliance laws and regulations.Read 4 Oct 2026 · aws.amazon.com
- Anomaly detection
- Cost Anomaly Detection uses machine learning to detect anomalous spending and root causes, with alerts available individually or in daily or weekly summaries through SNS or email.Read 4 Oct 2026 · aws.amazon.com
- API pricing
- Each Cost Explorer API request using a primary billing view costs $0.01; requests using custom billing views cost $0.01 per source.Read 4 Oct 2026 · aws.amazon.com
- Billing
- The Bills page lets customers download invoices and view detailed monthly billing data.Read 4 Oct 2026 · docs.aws.amazon.com
- Budget charges
- Budget monitoring and notifications are free; the first two action-enabled budgets per month are free, and each later action-enabled budget costs $0.10 daily.Read 4 Oct 2026 · aws.amazon.com
- Budgets
- AWS Budgets can alert users when cost or usage thresholds are exceeded or forecast to be exceeded, and can track Reservations and Savings Plans utilization and coverage.Read 4 Oct 2026 · aws.amazon.com
- Cost allocation
- Cost Categories maps cost and usage data into customer-defined categories using dimensions including account, tag, service, charge type, and other cost categories.Read 4 Oct 2026 · aws.amazon.com
- Cost analysis
- Cost Explorer visualizes AWS cost and usage over time and lets users filter and group data by dimensions such as member account and service.Read 4 Oct 2026 · aws.amazon.com
- Forecasting
- Cost Explorer projects future costs and usage from historical and current cost and usage patterns.Read 4 Oct 2026 · aws.amazon.com
- Hourly data limit
- Cost Explorer hourly granularity looks back over 14 days and applies to cost and usage data for all services without resource details and to EC2 resource-level data.Read 4 Oct 2026 · aws.amazon.com
- Intended audience
- AWS describes its cost management solutions as serving organizations from those born in the cloud to those beginning their cloud migration journey.Read 4 Oct 2026 · aws.amazon.com
- Maker history
- Amazon Web Services says it launched in 2006.Read 4 Oct 2026 · aws.amazon.com
Plans and prices
Strong points and limits
Strong points
- Downloadable invoices and monthly billing details
- Cost views can be filtered and grouped
- Budgets can track commitment utilization and coverage
- Anomaly alerts can be sent by email or SNS
Limits
- Some features have usage-based charges
- Hourly granularity looks back over 14 days
- API requests incur per-request or per-source charges
Who it suits
It suits organizations that need to review AWS bills, track spending, forecast costs, or monitor budget thresholds. It supports organizations at different stages of cloud adoption.
Verdict
AWS Billing and Cost Management combines billing, cost analysis, forecasting, budget alerts, and anomaly detection for AWS spending. Check usage charges for API requests and hourly data before relying on those features.
Where Specifiction places it
- Cloud Cost Management Software#4 of 308.5