EveryDollar vs Monarch Money
By Itai Varochik | Updated 2026
Quick Verdict
Overall Winner: Monarch Money (4.5/5)
We tested EveryDollar and Monarch Money side-by-side. Monarch Money comes out ahead overall, but EveryDollar may be better for specific use cases.
Score Breakdown
| Criteria | EveryDollar | Monarch Money |
|---|---|---|
| Features | 7/10 | 8.5/10 |
| Ease of Use | 8.5/10 | 9/10 |
| Value for Money | 7/10 | 8/10 |
| Customer Support | 7/10 | 8/10 |
| Overall | 7.4/10 | 8.5/10 |
Feature Comparison
| Feature | EveryDollar | Monarch Money |
|---|---|---|
| Zero-Based Budget | Yes | No |
| Baby Steps | Yes | No |
| Bank Sync | Yes | No |
| Budgeting | No | Yes |
| Investments | No | Yes |
| Net Worth | No | Yes |
| Goals | No | Yes |
| Collaboration | No | Yes |
Pricing Comparison
EveryDollar: Free / Premium $17.99/mo
Monarch Money: $14.99/mo or $99.99/yr
EveryDollar Pros & Cons
Pros
- Simple zero-based budgeting
- Baby Steps integration
- Clean interface
- Drag-and-drop budgeting
Cons
- Bank sync requires premium
- Expensive premium tier
- Limited features vs competitors
- No investment tracking
Monarch Money Pros & Cons
Pros
- Beautiful modern interface
- Investment tracking + budgeting
- Net worth dashboard
- Couples collaboration
Cons
- No free tier
- Newer platform
Key Specifications
| Spec | EveryDollar | Monarch Money |
|---|---|---|
| Rating | 4/5 | 4.5/5 |
| Pricing | Free / Premium $17.99/mo | $14.99/mo or $99.99/yr |
| Year Founded | 2015 | 2019 |
| Headquarters | Franklin, TN | San Francisco, CA |
Our Verdict
Monarch Money wins overall. Choose EveryDollar if you value Dave Ramsey followers. Choose Monarch Money if you prioritize Mint refugees.
Frequently Asked Questions
Is EveryDollar better than Monarch Money?
Based on our testing, Monarch Money scores higher with a rating of 4.5/5 compared to EveryDollar's 4/5. However, the best choice depends on your specific needs.
What is the main difference between EveryDollar and Monarch Money?
EveryDollar is known for: Dave Ramsey's zero-based budgeting app designed around the Baby Steps method.. Monarch Money is known for: Modern personal finance dashboard for budgeting, investments, and net worth..
Which is cheaper, EveryDollar or Monarch Money?
EveryDollar pricing: Free / Premium $17.99/mo. Monarch Money pricing: $14.99/mo or $99.99/yr.
Can I use EveryDollar and Monarch Money together?
While both tools serve similar purposes in the Budgeting Apps category, some users do use complementary features from both platforms.
What are the pros of EveryDollar?
Simple zero-based budgeting. Baby Steps integration. Clean interface
What are the pros of Monarch Money?
Beautiful modern interface. Investment tracking + budgeting. Net worth dashboard
Which budgeting apps should I choose?
Choose EveryDollar if you value Dave Ramsey followers. Choose Monarch Money if you prioritize Mint refugees.