Price checkPer seat
Single Terminal$2665/user/moMulti-Terminal (2+ users)$2360/user/moEnterpriseCustom
See all 4 plans

All Bloomberg Terminal Plans & Pricing

Plan Monthly Annual Best For
View all features by plan (compare side-by-side)

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 with alternativesAdjust seats, lock a tier, add up to 2 more products side-by-side. Shareable URL.
Cost calculator

What does Bloomberg Terminal actually cost you?

Drag the slider. Pick a tier. Your projected spend updates as you go.

Tier
Billing
Your projected cost$67Kper month · $2665/seat × 25seats
Year 1 license$800K12 months at this rate
At a glance

List price by tier (annualized, per seat)

Per-seat list price across Bloomberg Terminal's plans, annualized. Custom-priced tiers show a hatched bar.

Single Terminal$32K/yr
Multi-Terminal (2+ users)$28K/yr
EnterpriseCustom
Bloomberg for EducationCustom
Real-world benchmark

Buyers actually pay a median of $32K/yr for Bloomberg Terminal contracts (Vendr deal flow, n=15). That's a contract total — the more seats, the more leverage to negotiate down.

Quick Answer
Last verified:
Medium confidence

Bloomberg Terminal costs $2.4K to $2.7K per user/year as of July 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 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 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.

Bloomberg Terminal contracts auto-renew.

The median Bloomberg Terminal customer pays $31,980/year based on 15 verified purchases.

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 May 28, 2026 from 15 independent sources.

See Bloomberg Terminal Plans

Bloomberg Terminal costs $2,665 per user per month ($31,980/year) as of March 2026. A Single Terminal subscription is $2,665/month ($31,980/year), Multi-Terminal deployments (2+ users) drop to $2,360/month ($28,320/year), and Enterprise agreements are custom-priced for large institutions with 10+ terminals. Bloomberg for Education provides custom academic pricing for universities and business schools. All contracts typically require a 2-year minimum commitment.

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 verified purchase transactions.

What companies actually pay $31,980/yr Median across 15 purchases 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 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

Single Professional Subscription $2,665 Year 1 total
$31,980/year
Total $2,665

One user on the Single Terminal plan, billed monthly.

Small Team (2–10 Users) $2,360 Year 1 total
$28,320/user/year
Total $2,360

Multi-terminal pricing for teams of 2 or more users.

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 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
    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
    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 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 ($2,360-$2,665/user/month, or $28,320-$31,980/user/year) typically costs more than FactSet, which uses modular pricing that varies significantly by selected components and can be meaningfully cheaper. 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?

Multi-Terminal pricing (2+ users) is $2,360/user/month ($28,320/year), roughly an 11% discount from the Single Terminal rate of $2,665/user/month ($31,980/year). Enterprise pricing for large institutions with 10+ terminals is custom-negotiated.

13 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.

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