Price checkPer seat
Single Terminal$2665/user/moMulti-Terminal (2+ users)$2360/user/moEnterpriseCustom
See all 4 plans
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Bloomberg Terminal costs $2.4K to $2.7K per user/year as of May 2026, with 4 plans available. Plans: Single Terminal at $2665/user/year, and Multi-Terminal (2+ users) at $2360/user/year. Enterprise pricing is available on request. The median contract is $31,980/year based on 15 verified purchases.

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 4 pricing tiers: Single Terminal, Multi-Terminal (2+ users), Enterprise, Bloomberg for Education. Paid plans include Single Terminal at $2665/user/year, Multi-Terminal (2+ users) at $2360/user/year. The Multi-Terminal (2+ users) plan is small teams and boutique hedge funds.

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

  • Median contract: $31,980/yr from 15 purchases
  • 8 documented hidden costs beyond list price
Last verified: | Sources: 15 pricing pages and reviews

How much does Bloomberg Terminal cost?

Bloomberg Terminal pricing starts at $2360/user/year across 4 plans, with enterprise pricing available on request. Plans include Single Terminal at $31980/user/year, Multi-Terminal (2+ users) at $28320/user/year, Enterprise (custom pricing), Bloomberg for Education (custom pricing).

Bloomberg Terminal Pricing Overview

Bloomberg Terminal has 4 pricing plans ranging from $2,360 to $2,665/user/year. The Single Terminal plan costs $31,980/user/year, best for individual analysts, traders, or portfolio managers. The Multi-Terminal (2+ users) plan costs $28,320/user/year, best for small teams and boutique hedge funds. 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 median Bloomberg Terminal customer pays $31,980/year based on 15 verified purchases.

There are at least 8 documented hidden costs beyond Bloomberg Terminal's list price, including implementation, training, and add-on fees.

This pricing was last verified in April 24, 2026 from 15 independent sources.

See Bloomberg Terminal Plans

Bloomberg Terminal costs $20,000 to $32,000 per user per year as of March 2026. A single terminal is $31,980/year ($2,665/month), multi-terminal deployments (2+ users) drop to $28,320/year, and enterprise agreements (50+ seats) negotiate $18,000-$20,000/user. All contracts require a 2-year minimum commitment. This pricing is verified from 15 independent sources and updated regularly by Costbench, the software pricing database tracking 1,000+ products.

Bloomberg Terminal is the financial industry's gold standard for real-time market data, news, analytics, and trading. Used by 350,000+ professionals worldwide, it provides data from 330+ exchanges and the industry-standard IB Chat messaging network.

Pricing starts at $31,980/year for single users, with multi-terminal discounts to $28,320. Enterprise deployments (50+) can negotiate $18,000-$20,000/user. All require 2-year minimum commitment.

While expensive, Bloomberg's unmatched data breadth, fastest news service, and network effects justify the premium over alternatives like FactSet ($12,000-$50,000/year).

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 →

All Bloomberg Terminal Plans & Pricing

Plan Monthly Annual Best For
Single Terminal $2665 /user/year $2665 /user/year Individual analysts, traders, or portfolio managers
Multi-Terminal (2+ users) $2360 /user/year $2360 /user/year Small teams and boutique hedge funds
Enterprise Contact Sales Contact Sales Large institutions with 10+ terminals
Bloomberg for Education Contact Sales Contact Sales Universities and business schools
View all features by plan

Single Terminal

  • Full Bloomberg Terminal access
  • Real-time market data across all asset classes
  • Bloomberg News and research
  • Bloomberg Anywhere mobile access
  • IB Chat messaging with 350,000+ professionals
  • Excel Add-in for data extraction
  • Portfolio and risk analytics
  • 24/7 global support

Multi-Terminal (2+ users)

  • All Single Terminal features
  • ~11% volume discount
  • Shared messaging and collaboration
  • Centralized billing

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
See Bloomberg Terminal Plans

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 verified purchase transactions.

What companies actually pay $31,980/yr Median across 15 purchases
Source: Vendr buyer database — median calculated from 15 real purchase transactions. Savings figure reflects negotiated discounts reported by buyers.

Bloomberg Terminal Year 1 Total Cost by Company Size

Real deployment costs including licenses, implementation, training, and admin — not just the sticker price.

Individual Analyst $35,000 Year 1 total
Single Terminal
exchange fees
hardware
Total $35,000

Buy-side analyst or trader

Small Hedge Fund (5 Users) $175,000 Year 1 total
$28,320/user × 5
extras
Total $175,000

Boutique fund with PM and analysts

Enterprise (50+ Users) $1 Year 1 total
Negotiated
B-PIPE
Vault
MARS
Total $1

Large bank or asset manager

How Bloomberg Terminal Pricing Compares

Software Starting Price Top Price
Bloomberg Terminal $2360/user/year $2665/user/year
AlphaSense $10000/user/year $100000/user/year
CB Insights $2483/year $8333/year
Cyndx Custom Custom
Dealogic $2500/year $8333/year
FactSet $333/user/year $2500/user/year

Detailed pricing comparisons:

Browse all Financial Data & Terminals pricing →

8 Bloomberg Terminal Hidden Costs Beyond the List Price

Beyond the listed price, Bloomberg Terminal has at least 8 documented hidden costs that can significantly increase total cost of ownership.

Watch for 8 hidden costs
  • Exchange Data Fees ($600-$6,000+/year per user)
  • B-PIPE/SAPI API Licensing ($50,000-$200,000+/year)
  • Bloomberg Vault Compliance ($25,000-$100,000+/year)
  • MARS Risk System ($75,000+/year)
  • Hardware Setup ($2,000-$8,000)
  • Second Terminal only ~11% off (not 50%)
  • Early Termination: 50% of remaining contract
  • BMC Training: $140 without subscription
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 1 independent sources
Vendr Verified buyer transactions
Key claims include inline source attribution. Data verified against multiple independent sources. 1 source citations total.

Bloomberg Terminal Pricing FAQ

01 How much does Bloomberg Terminal cost?

Bloomberg Terminal costs approximately $31,980 per year ($2,665/month) for a single terminal. Multi-terminal subscriptions (2+ users) are $28,320/terminal/year. Enterprise customers can negotiate $18,000-$22,000/user/year. All require 2-year minimum commitment.

02 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.

03 Bloomberg vs FactSet: How do they compare?

Bloomberg ($28,000-$32,000/user/year) costs more than FactSet ($12,000-$50,000/user/year). FactSet is 40-60% cheaper with modular pricing. Bloomberg offers superior real-time data and the industry-standard messaging network.

04 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.

05 Is there student or academic pricing?

Yes. Universities get significant discounts (e.g., 16 terminals for ~$100K/year vs $450K at standard rates). Students access campus terminals free with BMC certification included.

06 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.

07 How much does Bloomberg API access cost?

B-PIPE and SAPI are enterprise products, typically $50,000-$200,000+/year depending on data volume and requirements.

08 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.

09 What is BMC certification?

Bloomberg Market Concepts is an 8-hour certification on economics, currencies, fixed income, equities. Free with Terminal access; $140 without.

10 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.

11 What is the cancellation policy?

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

12 What are volume discounts?

2-10 terminals: $28,320/user (11% off). 10-50 terminals: $20,000-$24,000/user. 50+ terminals: $18,000-$20,000/user.

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