Wave vs Xero: what each really costs

Team size

Billing

10 peopleWaveXero
Entry paid planPro (annual billing)No plan for this billing option
Vendor price$190 per year
Monthly cost$15.83
Annual cost$190
Per user / year$19
Billing commitmentannualNot recorded
Minimum seatsNone statedNone stated
Free planYesNo free plan listed
Free trialNot statedNot stated

Calculated by SpecEntry from official vendor prices. Taxes and optional add-ons are not included. Open each product page for every plan and the official source.

Wave vs Xero pricing questions

How much do Wave and Xero cost?
Wave paid plans start at $19 per month (Pro (monthly billing)). Xero paid plans start at $27 per month (Early).
Is Wave or Xero cheaper for 5 users?
Wave is cheaper for 5 users: $190 per year on Pro (annual billing), against $324 per year for Xero on Early. That is $134 less per year, before tax.
Is Wave or Xero cheaper for 10 users?
Wave is cheaper for 10 users: $190 per year on Pro (annual billing), against $324 per year for Xero on Early. That is $134 less per year, before tax.
Is Wave or Xero cheaper for 25 users?
Wave is cheaper for 25 users: $190 per year on Pro (annual billing), against $324 per year for Xero on Early. That is $134 less per year, before tax.
Do Wave and Xero have a free plan?
Wave lists a free plan; Xero does not list one on its official pricing.