Terraform vs New Relic
Developer Tools pricing comparison · 2026
Terraform pricing ranges from $0–$0.99/resource/month, while New Relic ranges from $0–$418.8/GB/month. Terraform is typically 100% more affordable, though your actual cost depends on tier and team size.
Terraform
Terraform by HashiCorp (now an IBM company) is the most widely adopted infrastructure-as-c
verified 27d ago
$300
$111K
New Relic
New Relic pricing is consumption-based with Free, Standard, and Pro tiers available at no
verified 23d ago
$300
$111K
Verdict · Vendr median · year 1
Terraform
saves
$111K
vs
New
· 25 seats
Cheapest
$300
Spread
100%
Estimated license cost
at 25 seats
List price × seats. Click a tier below to lock it.
Usage-based
Custom rates
see vendor pricing for volume tiers
Pricing model unknown
Pricing model unknown
no public list price found
What buyers actually pay
median, annual
Vendr deal-flow data. The real benchmark, not list price.
↓ Lowest median
Median annual
$300/yr
Vendr · n=19
Median annual
$111K/yr
Vendr · n=238
avg 24% negotiated
REF · 01
Sources & confidence
Every dollar amount and contract clause below traces back to a sourced fact. We don't manufacture composite scores.
Where this data comes from
Vendr · TrustRadius · Reddit · BBB · official docs
Sources
4 sourced facts
3 hidden-cost · Vendr median
Last verified
3w ago
Confidence
High confidence
Sources
22 sourced facts
15 hidden-cost · 4 contract · Vendr median · 2 review platforms
Last verified
3w ago
Confidence
High confidence
REF · 02
Plans at a glance
Every tier per product. Lock one to drive the cost row above and reveal a tier-specific outbound CTA.
Tier ladder
Click a tier to lock the cost row to it. Locking surfaces a tier-specific Visit CTA.
REF · 05
What users say
Aggregated, with sample sizes. We use whichever review platform has data.
User reviews
TrustRadius · Trustpilot · G2
Decide
Get a quote from each vendor
Each link opens the vendor's pricing page in a new tab.
License cost is computed from publicly listed plans (real math, list price × seats).
Median annual cost is from Vendr's deal flow when available — see source badges.
Hidden costs and contract terms each cite their own sources. We do not invent composite scores.
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