> ## Documentation Index
> Fetch the complete documentation index at: https://notes.kodekloud.com/llms.txt
> Use this file to discover all available pages before exploring further.
# Lab Solution Cost Estimation
> Terraform Cloud Cost Estimation offers insights into infrastructure costs, allowing users to preview expenses before applying changes to their cloud resources.
Terraform Cloud Cost Estimation provides real-time insights into the financial impact of your infrastructure-as-code changes. By previewing estimated cost deltas before you apply a plan, you can budget effectively and avoid surprises in your cloud bill.
## Prerequisites
Cost Estimation is available in the Team & Governance tier of Terraform Cloud. If you’re not on this tier yet, [start a free trial](https://app.terraform.io/signup/account) to enable cost forecasting features.
## 1. Enable Cost Estimation
1. Navigate to **Settings** > **Plan & Billing** in your Terraform Cloud organization to confirm your Team & Governance tier and trial status.
2. Next, go to **Settings** > **Cost Estimation Integration**, enable cost estimation for all workspaces, and click **Update Settings**.
## 2. Viewing Cost Estimates
After enabling the feature, open any workspace (for example, **MyAppDev**) and trigger a plan. The Cost Estimation stage appears immediately after the Terraform plan phase:
Key columns include:
* **Hourly Cost**: Estimated rate per hour for each resource.
* **Monthly Cost**: Projected charge over a full month.
* **Monthly Delta**: Difference between the new monthly cost and the current state.
Resources without pricing data will appear as “cannot estimate cost.”
## 3. Testing Cost Impact
Modify your Terraform code to see how changes affect cost. For instance, update the EC2 instance type for the Clumsy Bird application from `t2.micro` to `t2.small`, commit your change, and run a new plan. The Cost Estimation section will highlight the updated delta:
Upgrading from **t2.micro** to **t2.small** adds approximately **\$8.20** per month.
## 4. Supported Providers
Terraform Cloud Cost Estimation currently supports the following cloud providers:
| Provider | Coverage |
| -------- | -------------------------------------------- |
| AWS | EC2, RDS, S3, Lambda, and more |
| GCP | Compute Engine, Cloud Storage, and more |
| Azure | Virtual Machines, Storage Accounts, and more |
## Summary
Terraform Cloud’s Cost Estimation feature empowers teams to monitor and forecast infrastructure expenses before deployment. Enable it in your organization to incorporate cost visibility into your CI/CD workflows.
## Links and References
* [Terraform Cloud](https://www.terraform.io/cloud)
* [Terraform Cloud Pricing](https://www.terraform.io/pricing)
* [Terraform Cloud Workspaces](https://www.terraform.io/cloud/workspaces)