Is Monarch Money free?

Monarch Money is a paid product (subscription). Subscription after a 7-day free trial.

Is Monarch Money open source?

No. Monarch Money is proprietary software; its source code is not public.

Which platforms does Monarch Money support?

Monarch Money is available on: Web, iOS, Android.

What is Monarch Money best for?

Household budgets with forecasts and shared access. In our ranking of budgeting apps it is number 2 of 6 with a score of 88.5.

What are the best alternatives to Monarch Money?

The highest-ranked alternatives on listme.name are YNAB, Actual Budget, Copilot Money, Simplifi by Quicken.

Monarch Money Review, Pricing & Alternatives (2026)

88.5score

Ranked 2 of 6 in best budgeting apps

One list for transactions across accounts, with category budgets, forecasts on Plus and shared access for collaborators. It is a hosted subscription after a 7-day trial, with no free plan and no self-hosted option.

Best for Household budgets with forecasts and shared access

About Monarch Money

Monarch shows transactions from linked accounts in one searchable list, with budgets by category and cash-flow tracking. Investment accounts can be monitored alongside spending, and collaborators can share the same view. The web app and the iOS and Android apps use the same data, so a budget stays in step across devices.

Monarch is a paid subscription after a 7-day trial. Its pricing page argues that paid apps protect data quality better than free ones, and the Plus tier adds forecasting tools and support for several income sources. It is a hosted service with no open-source code and no self-hosting option.

Key features

Budgets by category
Forecasting on Plus
Investment monitoring
Collaboration
Web, iOS and Android apps

Strengths

One list for transactions across linked accounts
Forecasting and multiple income sources on Plus
Shared view for collaborators

Limits

No free plan
Hosted only, with no self-hosting option

Where Monarch Money ranks

List	Rank	Score	Best for
Best Budgeting apps	2 of 6	88.5	Household budgets with forecasts and shared access

Alternatives to Monarch Money

All 5 alternatives

Compare Monarch Money

Questions about Monarch Money

Is Monarch Money free?: Monarch Money is a paid product (subscription). Subscription after a 7-day free trial.
Is Monarch Money open source?: No. Monarch Money is proprietary software; its source code is not public.
Which platforms does Monarch Money support?: Monarch Money is available on: Web, iOS, Android.
What is Monarch Money best for?: Household budgets with forecasts and shared access. In our ranking of budgeting apps it is number 2 of 6 with a score of 88.5.
What are the best alternatives to Monarch Money?: The highest-ranked alternatives on listme.name are YNAB, Actual Budget, Copilot Money, Simplifi by Quicken.