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Xero Pricing 2026: Complete Breakdown

By ToolVS Research Team · Last Updated April 2026

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30-SECOND ANSWER

Xero costs $15/month for Starter, $42/month for Standard, and $78/month for Premium. All plans include unlimited users. Xero is generally cheaper than QuickBooks for multi-user businesses.

Xero Plans & Pricing

Starter

$15
/mo
  • Send 20 invoices/month
  • Enter 5 bills/month
  • Reconcile bank transactions
  • Short-term cash flow
  • Hubdoc (capture receipts)
MOST POPULAR

Standard

$42
/mo
  • Unlimited invoices
  • Unlimited bills
  • Bulk reconcile transactions
  • Project tracking
  • Multi-currency

Premium

$78
/mo
  • Everything in Standard
  • Multi-currency support
  • Expenses management
  • Analytics Plus
  • Payroll (in select regions)

All Plans

Included
all tiers
  • Unlimited users
  • Unlimited bank connections
  • Xero mobile app
  • 1,000+ integrations
  • Payroll (varies by region)

Hidden Costs & Gotchas

Is Xero Worth It?

Xero Starter ($15/month) is only for very small businesses with few invoices. Most businesses need Standard ($42/month) for unlimited invoicing and bills. Premium ($78/month) is worth it for multi-currency businesses and expense management. The killer feature is unlimited users on all plans - QuickBooks limits to 1-25 users. For US businesses needing payroll, QuickBooks has an advantage with built-in payroll.

Price Comparison: Xero vs Competitors

ToolFreeStarterMid-TierEnterprise
Xero$15$42 /mo$78 /moIncluded
QuickBooksNo free plan$30/mo (1 user)$60/mo (3 users)$200/mo (25 users)
FreshBooksNo free plan$8.50/mo$15/mo$27.50/mo
WaveFreeFreeFreeN/A

Frequently Asked Questions

Is there a free plan for Xero?
No permanent free plan. Xero offers a 30-day free trial. For free accounting, Wave is the best alternative with free invoicing, accounting, and receipt scanning.
What is the cheapest Xero plan?
Starter at $15/month, but it limits you to 20 invoices and 5 bills per month. Standard at $42/month is the practical starting point for most businesses.
Does Xero offer discounts?
Xero does not offer annual billing discounts. Partners (accountants/bookkeepers) can offer client discounts. No specific nonprofit or education pricing.

Related: Xero AlternativesAll Pricing Guides

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Last updated: . Pricing verified monthly.