Price checkPer seat
EnterpriseCustomBloomberg for EducationCustomBloomberg TerminalCustom
See all 3 plans

All Bloomberg Terminal Plans & Pricing

Some prices not re-verified — only plans marked “checked” were confirmed on the vendor’s pricing page

Plan Monthly Annual Best For
Bloomberg Terminal checked Nov 4, 2026 Contact Sales Contact Sales Not specified
View all features by plan (compare side-by-side)

Enterprise

  • Volume pricing ($18,000-$22,000/user/year)
  • B-PIPE market data feed
  • SAPI API access
  • Bloomberg Vault compliance
  • MARS risk system

Bloomberg for Education

  • Full Terminal on campus
  • BMC certification included
  • Significant academic discounts

Bloomberg Terminal

Pricing Alerts

Track Bloomberg Terminal pricing

Get an email when Bloomberg Terminal's pricing changes — plus the weekly SaaS Price Watch: verified price changes and deals across 3,000+ products. One-click unsubscribe.

Request Bloomberg Terminal Pricing
Compare Bloomberg Terminal with alternativesAdjust seats, lock a tier, add up to 2 more products side-by-side. Shareable URL.
Quick Answer
Last verified:
Medium confidence

Bloomberg Terminal doesn't publish prices — plans are quote-based. The median contract is $31,980/year based on 15 buyer-reported purchases (Vendr).

Use the interactive pricing calculator to estimate your exact cost based on team size and requirements.

  • Free tier: No free tier available

Bloomberg Terminal offers 3 pricing tiers: Enterprise, Bloomberg for Education, Bloomberg Terminal. The Bloomberg for Education plan is universities and business schools.

Compared to other financial data & terminals software, Bloomberg Terminal is positioned at the budget-friendly price point.

  • Median contract: $31,980/yr from 15 purchases Precise
  • 3 documented hidden costs beyond list price
  • Contracts auto-renew — Must cancel before renewal date; users report disputes when cancelling the day before renewal are not honored
Last verified: | Sources: 15 pricing pages and reviews

How much does Bloomberg Terminal cost?

Bloomberg Terminal uses custom pricing across 3 plans. Contact Bloomberg Terminal directly for a personalized quote. Plans include Enterprise (custom pricing), Bloomberg for Education (custom pricing), Bloomberg Terminal (custom pricing).

Bloomberg Terminal Pricing Overview

Bloomberg Terminal doesn't publish prices — plans are quote-based. The Enterprise plan requires contacting sales for a custom quote and is designed for large institutions with 10+ terminals. The Bloomberg for Education plan requires contacting sales for a custom quote and is designed for universities and business schools. The Bloomberg Terminal plan requires contacting sales for a custom quote.

Bloomberg Terminal contracts auto-renew.

The median Bloomberg Terminal customer pays $31,980/year based on 15 buyer-reported purchases (Vendr).

There are at least 3 documented hidden costs beyond Bloomberg Terminal's list price, including implementation, training, and add-on fees.

This pricing was last verified in October 10, 2026 from 15 independent sources.

Request Bloomberg Terminal Pricing

How Bloomberg Terminal Pricing Compares

Compare Bloomberg Terminal pricing against top alternatives in Financial Data & Terminals.

FactSet $12,000-$50,000/user/year Compare → Refinitiv Eikon $3,600-$22,000/user/year Compare → S&P Capital IQ $12,000-$30,000/user/year Compare →

Compare Bloomberg Terminal vs Alternatives

Before committing to Bloomberg Terminal, compare pricing with these 3 alternatives in the same category.

VSFactSet
From $12,000/user/year

Buy-side research analysts wanting deeper fundamental data at lower cost

Full comparison
VSRefinitiv Eikon
From $3,600/user/year

Fixed income, FX, and commodities traders wanting lower cost with strong real-time data

Full comparison
VSS&P Capital IQ
From $12,000/user/year

Investment bankers and credit analysts needing S&P's proprietary data and models

Full comparison

All Bloomberg Terminal alternatives & migration guides

What Companies Actually Pay for Bloomberg Terminal

The median Bloomberg Terminal buyer pays $31,980/year based on 15 buyer-reported purchases (Vendr).

What companies actually pay $31,980/yr Median across 15 buyer-reported purchases (Vendr) Precise
Review scores
Trustpilot 1.04out of 5 (24)
Third-party review aggregates, as of Jul 2026
Top pricing complaints
Auto-renewal without adequate notice or remindersDeceptive cancellation flow — offered discounts while still charging full pricePoor customer service that refuses to issue refundsCharges for unused or never-activated subscriptions
Source: Vendr buyer data — median of 15 purchases reported to Vendr. Buyer-reported estimates, not verified by CostBench or the vendor; savings reflect discounts buyers reported.

Bloomberg Terminal Cost by Company Size

Example costs for teams of different sizes. Each figure is labelled with the period it covers.

Individual Analyst $31,980 per year

$31,980/year ($2,665/month × 12 for a Single Terminal; exchange fees and hardware extra)

Buy-side analyst or trader

Enterprise (50+ Users) $1.3M estimated cost
Negotiated
B-PIPE
Vault
MARS
Total $1.3M

Large bank or asset manager

Single Professional Subscription $2,665 per month

$2,665/month ($31,980/year)

One user on the Single Terminal plan, billed monthly.

How Bloomberg Terminal Pricing Compares

Software Starting Price Top Price
Bloomberg Terminal Custom Custom
AlphaSense Custom Custom
CB Insights Custom Custom
Cyndx Custom Custom
Dealogic Custom Custom
FactSet Custom Custom

Detailed pricing comparisons:

Browse all Financial Data & Terminals pricing →

3 Bloomberg Terminal Hidden Costs Beyond the List Price

Beyond the listed price, Bloomberg Terminal has at least 3 documented hidden costs that can significantly increase total cost of ownership.

Watch for 3 hidden costs
  • Auto-Renewal Without Adequate Notice $400-$800 (source dated May 2026)
    high 3 sources
    Trustpilot “Scumbags on automatic renewal. They get you for a reasonable monthly fee and then zap your card on renewal, WITHOUT a reminder, for a one time hundreds of dollars, changing your subscription from a monthly to an annual”
    Trustpilot “The website was deceptive! I tried to cancel the day before renewal and it offered me half price, so I agreed to renew.”
    Trustpilot “they charge you without our consent raising prices and then when you're about to cancel they offer you a 149 for the year And then they still charge you the full amount 399 to your credit card”
  • Difficult Cancellation Process 5-15% of license costs
    medium 3 sources
    Trustpilot “The AI help function did not give me a real person to quickly solve this, and a few days later I got an e-mail from a rep who clearly did not understand what had happened and basically just said "Too bad, so sad" in more polite business language.”
    Trustpilot “Useless not worth a dollar, and you obstruct exit from subscriptions. Disgrace”
    Trustpilot “The worst customer service of any company! The systems are useless and not fit for purpose, utterly archaic and overly complex.”
  • Charges for Unused Trial Periods $160-$640 (source dated Jun 2026)
    medium 1 source
    Trustpilot “I signed up for the $1.99 trail for 30 days..I never created my account or used any of whatever it was I have now been charged $159.96 for 4 months of service Innever used.”
Tip

Ask your Bloomberg Terminal sales rep about these costs upfront. Getting them in writing before signing can save you from surprise charges later.

Full hidden costs breakdown →

Intelligence sourced from 2 independent sources
Trustpilot Consumer reviews Vendr Verified buyer transactions
Key claims include inline source attribution. Data verified against multiple independent sources. 11 source citations total.

Bloomberg Terminal Contract Terms

Bloomberg Terminal contracts auto-renew. Changes require Must cancel before renewal date; users report disputes when cancelling the day before renewal are not honored. These terms are sourced from verified buyer experiences.

Contract Terms
Auto-Renewal Yes
Cancellation Notice Must cancel before renewal date; users report disputes when cancelling the day before renewal are not honored
Minimum Commitment Annual (subscriptions may be converted from monthly to annual automatically)
Mid-Term Downgrade Not allowed
Payment Terms Credit card on file, auto-billed on renewal date
Price Escalation Users report prices being raised without consent
Note

No evidence in sources

Based on 2 verified sources

How to Negotiate Bloomberg Terminal Pricing

Bloomberg Terminal contracts are negotiable. These 1 tactics are sourced from real buyer experiences and procurement specialists.

Negotiation Playbook 1 tactics
Threaten Cancellation for Retention Discount medium success

Multiple users report that Bloomberg offers a discounted renewal price (e.g., half-price or a flat rate) when a user attempts to cancel near the renewal date. Initiating a cancellation request may unlock a retention offer.

Trustpilot user reports
High success Medium Low / difficult

Full negotiation guide →

Bloomberg Terminal Pricing FAQ

01 Is there a free trial of Bloomberg Terminal?

No free trial available. Bloomberg offers personalized demos through sales. Students can access terminals free at 300+ university campus labs worldwide.

02 What is the minimum contract length?

2-year minimum commitment. Auto-renews unless terminated with 60 days notice. Early termination incurs 50% penalty of remaining charges.

03 Is there student or academic pricing?

Yes. Bloomberg for Education is custom-priced, with no published number, so universities need to request a quote. Students access campus terminals free, with BMC certification included.

04 What data is included vs extra?

Base includes real-time data from 330+ exchanges, Bloomberg News, financials, analytics. Extra costs: premium exchange feeds, B-PIPE/SAPI API, Vault compliance, MARS risk system.

05 How much does Bloomberg API access cost?

B-PIPE and SAPI are enterprise products with custom-quoted pricing. Cost depends on data volume and requirements, and no list price is published.

06 Does Bloomberg work with Excel?

Yes, the Excel Add-in is included with all subscriptions. Pull real-time and historical data using BDH, BDP, BDS functions.

07 What is BMC certification?

Bloomberg Market Concepts is an 8-hour certification covering economics, currencies, fixed income and equities. It is free with Terminal access.

08 How to negotiate Bloomberg pricing?

Bloomberg rarely discounts. Strategies: multi-year commitments (5-10% savings), volume bundling, negotiate at fiscal year-end (December), get competing FactSet/Refinitiv quotes.

09 What is the cancellation policy?

Contracts are non-cancelable for 2-year term. Early termination requires 60 days notice plus 50% of remaining charges.

10 How do I cancel my Bloomberg subscription?

Users report that cancellation must be initiated before the renewal date. Customer service is reachable, but multiple users warn that the AI chat does not connect quickly to a live agent, and refund requests after auto-renewal are often denied. Initiate cancellation well before your renewal date and keep records of all communications.

Is this pricing incorrect? — we'll verify and update it.

1 AI answer about this product’s pricing was flagged for review against CostBench’s record. Claim this record free to see them