Price checkMonthly
Starter (Free)FreePro$19/moWave Advisors$199/mo
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All Wave Plans & Pricing

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

Starter (Free)

  • Unlimited invoices
  • Unlimited estimates
  • Unlimited bills
  • Bookkeeping
  • Mobile app
  • 2.9% + $0.60 per credit card transaction

Pro

  • Everything in Starter
  • Discounted payment processing
  • Auto-import bank transactions
  • Unlimited receipt capture
  • Late payment reminders
  • Custom branding
  • Remove Wave branding
  • Add users

Wave Advisors

  • Pro Plan features
  • Dedicated bookkeeper
  • Monthly financial statements
  • Expert support
  • Tax preparation assistance
See Wave Plans
Compare Wave with alternativesAdjust seats, lock a tier, add up to 2 more products side-by-side. Shareable URL.
Cost calculator

What does Wave actually cost you?

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

Tier
Billing
Your projected cost$475per month · $19/unit × 25units
Year 1 license$5.7K12 months at this rate
At a glance

List price by tier (annualized, per unit)

Per-unit list price across Wave's plans, annualized. Custom-priced tiers show a hatched bar.

Starter (Free)Custom
Pro$228/yr
Wave Advisors$2.4K/yr
Real-world benchmark

Buyers actually pay a median of $500/yr for Wave contracts (Vendr deal flow, n=226). That's a contract total — the more seats, the more leverage to negotiate down.

Quick Answer
Last verified:
Estimate

Wave costs Free to $199 per month as of July 2026, with 3 plans available including a free tier. Plans: Starter (Free) (free), Pro at $19/month, and Wave Advisors at $199/month. The median contract is $500/year based on 226 verified purchases.

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

  • Free tier: Yes

Wave offers 3 pricing tiers: Starter (Free), Pro, Wave Advisors. A free plan is available. Paid plans include Pro at $19/month, Wave Advisors at $199/month. The Pro plan is businesses wanting polished invoices and automation.

Compared to other invoicing software software, Wave is positioned at the budget-friendly price point.

  • Median contract: $500/yr from 226 purchases Directional
  • 7 documented hidden costs beyond list price
  • Contracts auto-renew — at least one day before the renewal date
  • G2 rating: 4.3 out of 5 from 300 reviews (as of Jul 2026)
Last verified:

How much does Wave cost?

Wave offers a free plan with 2 paid tiers from $19 to $199/month. Plans include Starter (Free) (free), Pro at $19/month, Wave Advisors at $199/month.

Wave Pricing Overview

Wave has 3 pricing plans, including a free tier. Paid plans range from $0 to $199/month. The Starter (Free) plan is free and is best for businesses wanting free invoicing. The Pro plan costs $19/month, best for businesses wanting polished invoices and automation. The Wave Advisors plan costs $199/month, best for hands-off bookkeeping with expert support.

Wave contracts auto-renew, with a monthly or annual billing period minimum commitment, requiring at least one day before the renewal date notice to cancel.

The median Wave customer pays $500/year based on 226 verified purchases.

There are at least 7 documented hidden costs beyond Wave's list price, including implementation, training, and add-on fees.

This pricing was last verified in July 15, 2026.

See Wave Plans

How Wave Pricing Compares

Compare Wave pricing against top alternatives in Invoicing Software.

Xero $25-$90/month Compare → Bonsai $9-$59/mo Compare → Harvest Invoicing $0-$11/mo Compare →

Compare Wave vs Alternatives

Before committing to Wave, compare pricing with these 3 alternatives in the same category.

VSXero
From $25/month

Wave users who've outgrown free invoicing and need full double-entry bookkeeping with unlimited users

Full comparison
VSBonsai
From $9/mo

Freelancers with occasional projects

Full comparison
VSHarvest Invoicing
Free

Teams that need to track, analyze, and invoice time

Full comparison

All Wave alternatives & migration guides

What Companies Actually Pay for Wave

The median Wave buyer pays $500/year based on 226 verified purchase transactions.

What companies actually pay $500/yr Median across 226 community cost mentions Directional
Review scores
TrustRadius 7.4out of 10 (184)
Trustpilot 3.5out of 5 (502)
G2 4.3out of 5 (300)
Third-party review aggregates, as of Jul 2026
Top pricing complaints
Payment Processing DelaysSubpar Customer ServiceLimited Features for Growing BusinessesLack of Customization
Source: Community cost mentions (Reddit, Hacker News) — aggregated from 226 distinct user reports. Indicative only — not contract-grade data.

How Wave Pricing Compares

Software Starting Price Top Price
Wave Free $199/month
Bonsai $9/month $59/month
Harvest Invoicing Free $17.5/month
Invoice Ninja Free $300/month
Zoho Invoice Custom Custom
FreshBooks $2.3/mo $7/mo

Detailed pricing comparisons:

Browse all Invoicing Software pricing →

7 Wave Hidden Costs Beyond the List Price

Beyond the listed price, Wave has at least 7 documented hidden costs that can significantly increase total cost of ownership.

Watch for 7 hidden costs
  • Credit Card Processing (Visa, Mastercard, Discover) 2.9% + $0.60
    high 1 source
    industry "For American Express, it's 3.4% + $0.60 per transaction"
  • Bank Transfers (ACH) 1%
    medium 1 source
    industry "Bank Transfers (ACH): The fee is 1% per transaction, with a minimum of $1"
  • Instant Payouts 1%
    medium 1 source
    industry "Instant Payouts: An additional 1% of the withdrawal amount is charged for instant payouts"
  • Pro Plan Subscription $16/month
    medium 1 source
    industry "Optional Paid Plans and Add-ons: * Pro Plan: This plan costs $16/month (or $19/month when billed monthly, $190/year when billed annually, as of different reports) and includes features like automatic bank transaction imports, receipt scanning, unl..."
  • Payroll (Tax Service States) $40/month
    high 1 source
    industry "In self-service states, it's a $20 monthly base fee plus $6 per employee or contractor"
  • Receipt Scanning $8/month
    low 1 source
    industry "Receipt Scanning: If not on the Pro plan, digitally capturing unlimited receipts costs $8 per month or $72 per year for Starter users"
  • Bookkeeping Services (Wave Advisors) $149/month
    high 1 source
    industry "Bookkeeping Services (Wave Advisors): These services start from $149 per month"
Tip

Ask your Wave 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 4 independent sources
industry TrustRadius Enterprise reviews Trustpilot Consumer reviews G2 B2B reviews
Key claims include inline source attribution. Data verified against multiple independent sources. 9 source citations total.

Wave Contract Terms

Wave contracts auto-renew. Changes require at least one day before the renewal date. These terms are sourced from verified buyer experiences.

Contract Terms
Auto-Renewal Yes
Cancellation Notice at least one day before the renewal date
Minimum Commitment monthly or annual billing period
Based on 1 verified source

Wave Pricing FAQ

01 How much does Wave cost?

Pricing varies by plan. Check the official pricing page for current rates.

02 Does Wave have a free tier?

Check the pricing section above for free tier availability.

03 What are the main features of Wave?

Key features include the items listed in the pricing tiers above.

04 Is Wave worth the price?

Value depends on your specific needs and use case. Compare features across plans.

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