Cost Tracking

What It Does

Monk tracks the cost of your entire infrastructure in real-time. Ask for current costs, projections, or comparisons. Monk knows the price of every resource across all cloud providers and integrations.

How It Works

Cost Knowledge Base

Monk maintains up-to-date cost information for cloud resources. What Monk tracks:

Cloud provider pricing - Current rates from AWS, GCP, Azure, DigitalOcean, Hetzner
Resource uptime - How long each resource has been running
Integration pricing - Costs for databases, essential services, and APIs that implement cost estimation
Usage-based pricing - Data transfer, storage, API calls where applicable

Monk continuously updates its pricing database to ensure accuracy.

Real-Time Cost Queries

Ask Monk for cost information anytime via chat in your IDE. Current costs:

You: What's the current cost of running this system?

Monk: Current infrastructure cost breakdown:
      - 4x AWS t3.medium instances: $0.33/hour ($240/month)
      - PostgreSQL RDS (db.t3.medium): $0.068/hour ($50/month)
      - Redis ElastiCache (cache.t3.micro): $0.017/hour ($12/month)
      - Application Load Balancer: $0.025/hour ($18/month)

      Total: $0.44/hour ($320/month)

Different time units:

You: How much per day?

Monk: Current daily cost: $10.56

You: Cost per week?

Monk: Current weekly cost: $73.92

You: Show me cost per second

Monk: Current cost: $0.000122/second

Monk can express costs in any time unit: second, hour, day, week, month.

Cost Projections & Estimates

You want to know future costs. Ask Monk to project. Monthly projections:

You: Project the monthly cost

Monk: Based on current usage:
      - Monthly projection: $320
      - Assumes 24/7 operation
      - Does not include usage-based charges (data transfer, API calls)

Estimate before changes:

You: How much would it cost to add 2 more instances?

Monk: Cost estimate with 2 additional t3.medium instances:
      - Current: $0.44/hour ($320/month)
      - With 2 more: $0.60/hour ($440/month)
      - Increase: $0.16/hour ($120/month, +37.5%)

You know the cost impact before you make infrastructure changes. That’s it. No spreadsheets, no manual calculations.

Integration Cost Support

Many integrations implement Monk’s cost estimation interface. Supported:

Cloud-managed databases - RDS, Cloud SQL, Azure Database, DigitalOcean Managed Database
Cloud storage - S3, Cloud Storage, Azure Blob, DigitalOcean Spaces
Managed caches - ElastiCache, Memorystore, Redis Cloud
Third-party services - MongoDB Atlas, Redis Cloud, Neon, and more

Coverage varies:

Core cloud resources (VMs, storage, networking) - Fully tracked
Popular managed services - Some tracked
Specialized integrations - Varies (we’re working to cover all of them)

Integration cost tracking: Coverage is continuously improving. Check with Monk to see if a specific service supports cost estimation, or refer to Integrations for details.

Cost Comparison (Hypothetical Resources)

Here’s where it gets interesting. Monk understands costs of resources you’re not even using. Want to know if switching clouds or regions would save money? Just ask.

You: How much would this cost on DigitalOcean instead of AWS?

Monk: Current AWS cost: $0.44/hour ($320/month)
      Equivalent DigitalOcean Droplets: $0.28/hour ($205/month)
      Savings: $115/month (36% cheaper)

You: What if we moved to us-west-2 instead of us-east-1?

Monk: Same infrastructure in us-west-2:
      Cost: $0.46/hour ($335/month)
      Difference: +$15/month (5% more expensive)

You: Compare cost of running this on GCP vs Azure

Monk: Current (AWS): $320/month
      GCP equivalent: $295/month (-$25/month)
      Azure equivalent: $340/month (+$20/month)

Use cases:

Before deployment - Compare clouds to choose the most cost-effective
Migration planning - See if migrating would save money
Region selection - Pick the cheapest region for your needs
Optimization - Evaluate alternatives to reduce costs

Coming Soon

Proactive cost analysis — 24/7 monitoring, optimization proposals, autonomous execution, budget alerts — is on the roadmap. Vote on what to prioritize.

Here’s what that’ll look like:

Monk: Cost analysis complete. I found 3 optimization opportunities:

      1. API servers running at 20% average CPU
         → Downsize from t3.medium to t3.small
         → Savings: $120/month

      2. Database idle 18 hours/day
         → Switch to smaller instance during off-peak
         → Savings: $25/month

      3. Redis cache hit rate only 40%
         → Reduce cache size by 50%
         → Savings: $6/month

      Total potential savings: $151/month (43%)

      Approve these changes?

You: Yes, do it

No manual cost analysis, no spreadsheets. Monk handles it autonomously.

Cloud Infrastructure

The resources Monk tracks costs for.

Workload Migration

Migrate to a cheaper cloud when the numbers say so.

Deployment & Build

Infrastructure & Cloud

Configuration & Data

Networking & Security

Operations & Monitoring

Developer Experience

Team Features

What It Does

How It Works

Cost Knowledge Base

Real-Time Cost Queries

Cost Projections & Estimates

Integration Cost Support

Cost Comparison (Hypothetical Resources)

Coming Soon

Cloud Infrastructure

Workload Migration

​What It Does

​How It Works

​Cost Knowledge Base

​Real-Time Cost Queries

​Cost Projections & Estimates

​Integration Cost Support

​Cost Comparison (Hypothetical Resources)

​Coming Soon

​Related Features

Cloud Infrastructure

Workload Migration

What It Does

How It Works

Cost Knowledge Base

Real-Time Cost Queries

Cost Projections & Estimates

Integration Cost Support

Cost Comparison (Hypothetical Resources)

Coming Soon

Related Features