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23 changes: 12 additions & 11 deletions content/en/monitors/types/cloud_cost.md
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Cloud Cost Monitors help you proactively identify cost changes, and understand if you're projected to go over budget, so you can investigate the cause.

- Instantly view all your cost monitors and filter or search by team, service, tag, provider, or alert status.
- See a summary of how many monitors are set up, which are alerting, and what areas of cloud spend are tracked.
- Create new cost monitors using templates and take action on monitors that need attention.
- Instantly view all your cost monitors and filter or search by team, service, tag, provider, or alert status.
- See a summary of how many monitors are set up, which are alerting, and what areas of cloud spend are tracked.
- Create new cost monitors using templates and take action on monitors that need attention.

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In order to configure Cloud Cost monitors, you need to have [Cloud Cost Management][1] set up.

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| Changes | Yes | Detect daily, weekly, or monthly cost changes. | Alert when the difference between today's cost and the week before is over 5%. |
| Anomalies | Yes | Identify unusual or unexpected cost patterns. <br> <br> Incomplete days are excluded from analysis to ensure accuracy. Anomaly monitors require at least 1 month of cloud cost data to evaluate since historical data is required to train the algorithm. | Alert if 3 days from the past 30 days show significant cost anomalies compared to historical data. |
| Threshold | Yes | Alert when costs exceed a set value. | Set alerts when today's total cost exceeds $10,000. |
| Forecast | Yes | Alert if forecasted costs exceeds a threshold. | Alert daily if the forecasted cost for this month is projected to exceed $500. |
| Budget | No | Alert if actual or forecasted costs exceed your [budget][7]. | Alert if the forecasted month cost is projected to exceed 90% of the assigned $10,000 budget. |
| Forecast | Yes | Alert if forecasted costs exceeds a threshold. | Alert daily if the forecasted cost for this month is projected to exceed $500. |
| Budget | No | Alert if actual or [forecasted][8] costs exceed your [budget][7]. | Alert if the forecasted month cost is projected to exceed 90% of the assigned $10,000 budget. |

### Specify which cost to track

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| Threshold | Percentage of budget that is utilized to trigger the alert. | Number between 0 and 100 (%) |
| Timeframe | Evaluation window used to assess if the threshold is breached. | `all_months`, `current_month` |

When you select **is forecasted to reach**, the monitor uses the same forecasting model as budget cards and the budget status page. Forecasts require at least 64 consecutive days of cost data — see [Forecasting][8] for details.
When you select **is forecasted to reach**, the monitor uses the same [forecasting model][8] as budget cards and the budget status page.

[8]: /cloud_cost_management/planning/forecasting/
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{{< img src="/monitors/monitor_types/cloud_cost/cost-monitors-other-actions.png" alt="The actions menu open with options to view the monitor in the Cloud Cost Explorer, as well as options to edit, clone, and delete the monitor." style="width:100%;" >}}

- **View in Monitors** to see your monitor's alert history, adjust visualizations, and review how often it has triggered alerts.
- **View in Explorer** to open the monitor in the Cloud Cost Explorer for deeper analysis.
- **Edit** a monitor to update the monitor's settings or configuration.
- **Clone** a monitor to create a copy of an existing monitor by choosing **Actions > Clone**.
- **Delete** a monitor to permanently remove a monitor you no longer need.
- **View in Monitors** to see your monitor's alert history, adjust visualizations, and review how often it has triggered alerts.
- **View in Explorer** to open the monitor in the Cloud Cost Explorer for deeper analysis.
- **Edit** a monitor to update the monitor's settings or configuration.
- **Clone** a monitor to create a copy of an existing monitor by choosing **Actions > Clone**.
- **Delete** a monitor to permanently remove a monitor you no longer need.

## Further Reading

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