Quick Answer
Last verified:
High confidence

FactSet costs $333 to $2.5K per user/year as of May 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

FactSet true cost runs 67% above the listed $333-$2500/user/year price as of May 2026. For a 25-person team, expect ~$500,000 in year-one costs vs the $300,000 base license. Key hidden costs: enterprise license and per-user fees, portfolio, risk, and reporting add-on modules. 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

2

Portfolio, Risk, and Reporting Add-On Modules

critical addon

FactSet charges separately for virtually every functional module beyond basic data access. Add-ons required for portfolio management, risk analytics, and reporting can substantially increase total cost — to the point where all-in pricing becomes comparable to a Bloomberg Terminal subscription.

reddit

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 × $1000 × 12) $300,000/yr
Enterprise License and Per-User Fees +Similar total cost to Bloomberg Terminal
Portfolio, Risk, and Reporting Add-On Modules +20-50% of license costs
Estimated Year 1 Total ~$500,000
That's roughly 1.7× 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); Portfolio, Risk, and Reporting Add-On Modules (20-50% of license costs). Total ownership typically runs 67% higher than the listed price.

02 Does FactSet charge for implementation?

Implementation costs for FactSet vary by deployment size and customization. Contact the vendor or check our sourced hidden-cost breakdown above for verified figures.

03 How much does FactSet support cost?

Premium support pricing for FactSet depends on your tier and contract terms. See the sourced cost breakdown above for any verified figures we have.

04 Are there overage or storage costs with FactSet?

Overage and storage policies for FactSet depend on tier limits. Check the sourced cost breakdown above for verified data.

05 What add-ons cost extra with FactSet?

Add-on pricing for FactSet varies by feature. The sourced cost breakdown above lists any verified add-on costs we have.