Budgeting apps for iPhone and MacHead to head
Monarch Money vs MoneyWiz
Monarch Money ranks #2 and MoneyWiz ranks #3 in our guide to the best budgeting apps for iPhone and Mac. Monarch Money is the better pick for most people, and MoneyWiz is the best free option.
Monarch MoneyPick Monarch Money if you and a partner share bills and want both of you on 1 dashboard.From $14.99Best free
MoneyWizPick MoneyWiz if you bank outside the US or track investments, loans and several currencies.Free to startWhat decides it
- MoneyWiz costs less over 3 years: $179.97, against $299.97 for Monarch Money.
- Both run on iPhone and iPad. Only MoneyWiz runs on Mac and Apple Watch.
- MoneyWiz is included with a Setapp subscription; Monarch Money isn't.
- Monarch Money has the higher App Store rating: 4.9 from 117K ratings, against 4.6 for MoneyWiz.
Side by side
Prices are checked every day.
| At a glance | Monarch Money | MoneyWiz |
|---|---|---|
| Price | 7-day free trial, then $14.99 a month or $99.99 a year | Free. Standard is $29.99 a year and Premium is $5.99 a month or $59.99 a year |
| How you pay | Subscription | Free, with paid upgrades |
| 3 years of use | $299.97 Yearly plan | $179.97 Yearly plan Cheaper |
| Free trial | Yes | Free to start |
| Runs on | iPhone, iPad | Mac, iPhone, iPad, Apple Watch |
| Where to buy | App Store | App Store, Setapp |
| Rating | 4.9 117K ratings Higher | 4.6 2.2K ratings |
| Features | Free trial | Free trial, Family Sharing |
| Made by | Monarch Money, Inc. | SILVERWIZ LLC |
| Last updated | 29 Oct 2026 | 19 Oct 2026 |
Who should get which
Get Monarch Money if
You and your partner share bills and want to see every account and budget in one place.
Get MoneyWiz if
You want investments, loans and several currencies tracked in 1 app, with bank sync wherever you bank.
Skip Monarch Money if
You already track spending in a spreadsheet you like and don't want a $99.99 yearly bill.
Skip MoneyWiz if
You want a quick monthly budget, and all of these screens and settings will feel like homework.
Our verdicts
Monarch Money
At $99.99 a year, Monarch costs more than a spreadsheet or your bank's app, and what you pay for is every account, card, loan and investment on one dashboard. It sorts transactions, flags forgotten subscriptions and lets a partner or advisor join at no extra cost. Take the yearly plan, which works out far cheaper than $14.99 a month, and use the 7-day trial to connect your banks first.
MoneyWiz
Copilot Money costs $95 a year before you track a single dollar, while MoneyWiz lets you log unlimited accounts and budgets for free if you enter or import transactions yourself. It also handles loans, investments, crypto and several currencies, with 30+ reports you can export. Automatic bank sync needs Premium at $59.99 a year, and the app has far more screens and settings than a simple budget app.
What each one helps you do
Monarch Money
- See your net worth across every account
- Catch subscriptions you forgot to cancel
- Budget together with your partner
- Know which bills are due this week
MoneyWiz
- Track accounts in several currencies
- Connect banks in 55 countries
- See upcoming bills on a calendar
- Export money reports to PDF or CSV
Where to get them
Monarch Money
7-day free trial, then $14.99 a month or $99.99 a year
-
App Store, iPhone and iPadWith in-app purchasesFree downloadApp Store
MoneyWiz
Free. Standard is $29.99 a year and Premium is $5.99 a month or $59.99 a year
-
App Store, every deviceWith in-app purchasesFree downloadApp Store
-
IncludedTry Setapp
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Neither one quite right?
The other picks in our guide to the best budgeting apps for iPhone and Mac.
