Terraform vs New Relic
Developer Tools pricing comparison · 2026
Terraform pricing ranges from $0–$0.99/resource/month, while New Relic ranges from $0–$0.55/GB/month. New Relic is typically 26% more affordable, though your actual cost depends on tier and team size.
VS
Terraform and New Relic both operate in the developer tools category. This page compares their list pricing.
Plan-by-Plan Pricing
| Plan | Terraform | New Relic |
|---|---|---|
| Free (Open Source) | Free /free | Free /month |
| HCP Terraform (Free Tier) | Free /free up to 500 resources | Free /per GB |
| HCP Terraform Essentials | $0.10 /resource/month ($0.0001359/resource/hour) | Free /per GB |
| HCP Terraform Standard | $0.47 /resource/month ($0.00064/resource/hour) | Custom |
| HCP Terraform Premium | $0.99 /resource/month | — |
| Terraform Enterprise (Self-Managed) | Custom | — |
Cost at Scale
Total cost of ownership — licenses, implementation, and hidden costs included.
Terraform
3 scenarios$0/month
Small Team (500 Resources, Free Tier)
Free up to 500 managed resources with remote execution, state management, and SSO included
$940/month
Mid-Size Team (2,000 Resources, Standard)
2,000 resources x $0.47/resource/month, includes $500 trial credit (~2 months free)
$9,900/month
Enterprise (10,000 Resources, Premium)
10,000 resources x $0.99/resource/month, with volume discount options available through contracted plans
New Relic
7 scenarios$0/month (free tier with basic features)
Solo / Getting Started
Custom pricing — typically negotiated annually, contact sales for quote
Enterprise (100+ users)
Around $0/GB/month on the most popular plan
Typical Usage
Market Intelligence
Terraform
- Median annual cost
- $300
- Based on
- 19 deals
New Relic
- Median annual cost
- $111,480
- Average negotiated discount
- 24%
- Based on
- 238 deals