I want to understand what is the difference between using Budgets(cost budget) and Configure Billing Alerts in AWS?
2 Answers
Billing Alerts are very limited as compared to Budgets. Most notably, the billing alarm represents only the amount you have been already charged. In contrast, a budget can alarm you based on forecasted charges, which can give you a bit of head up to figure out what's happening before you get hit with excess bill usage.
The other key difference is that Budgets allow you to create filtered alarms, only for some regions and services of interest. Filtering by region is not possible with billing alerts. Another thing is that budget support linked accounts, which again is not possible with the billing alerts.
Finally, budgets are far easier to use, set up and manage, than billing alerts.
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How about fee both of them? – Nguyễn Văn Phong Feb 11 '22 at 07:09
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Budgets: first two free, with 10cents/alarm/day above the free tier [source](https://aws.amazon.com/aws-cost-management/aws-budgets/pricing/) Billing alarms: 10 regular resolution free tier and additional cost above that [source for billing alarms](https://aws.amazon.com/cloudwatch/pricing/) – Thomas Sloan Apr 07 '22 at 22:18
Well, other power of the Budget as:
- Note: CloudWatch can take action if you trigger a lamda function.
- Notification preferences - Optional
You can select 1 or more notification preferences to receive alerts: Email, SNS Alert
.

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