Quick Answer
Last verified:
High confidence

FactSet costs $4K to $50K per user/year as of March 2026. Pricing depends on your chosen tier, contract length, and negotiated discounts.

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

  • Free tier: No free tier available
Last verified: | Sources: 12 pricing pages and reviews
+-93% above list price

FactSet true cost runs -93% above the listed $4000-$50000/user/year price as of March 2026. For a 25-person team, expect ~$500,000 in year-one costs vs the $7,200,000 base license. Key hidden costs: enterprise license and per-user fees. Verified from 12 sources by CostBench.

Hidden Costs Breakdown

1

Enterprise License and Per-User Fees

high addon

FactSet charges both a global enterprise-level license and per-user license fees. Additionally, they charge for add-ons needed for portfolio management, risk analysis, and reporting functionality.

reddit

FactSet charges a global license at the enterprise level, and then a per user license fee on top of it. They also charge for literally everything else. After all the add-ons you need to run portfolios, risk and reporting it actually ends up being similar pricing to bberg

Example: True Cost for 25 Users

License (25 × $24000 × 12) $7,200,000/yr
Enterprise License and Per-User Fees +Similar total cost to Bloomberg Terminal
Estimated Year 1 Total ~$500,000
That's roughly 0.1× the advertised license price. The median FactSet contract is $25,160/yr across 4 Vendr purchases.

Frequently Asked Questions

01 What hidden costs should I budget for with FactSet?

Beyond the license fee, budget for: Enterprise License and Per-User Fees (Similar total cost to Bloomberg Terminal). Total ownership typically runs -93% higher than the listed price.

02 Does FactSet charge for implementation?

FactSet doesn't include implementation in the license cost. Implementation is typically done by partners and costs range from $5,000 for basic setup to $100,000+ for enterprise deployments with customization.

03 How much does FactSet support cost?

Basic support is included, but premium support (faster response times, 24/7 availability) typically adds 15-20% to your annual contract. This can be thousands of dollars per year for larger deployments.

04 Are there overage or storage costs with FactSet?

Most FactSet plans include limited storage. Once you exceed the included amount, you'll pay overage fees which can range from $50-$500+ per month depending on data volume.

05 What add-ons cost extra with FactSet?

Many features marketed as part of FactSet are actually add-ons: advanced reporting, API access, integrations, and specialized modules. Each can add $10-$100+ per user per month.

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