Table Of Contents
Quick Summary (Comparison Chart) What Does AWS Cost Explorer Do? What Are AWS Cost And Usage Reports Used For? What Is The Difference Between AWS Cost And Usage Report And AWS Cost Explorer? Take The Next Step: Get Real Cost Intelligence Without Endless Tagging In AWS CloudZero Shows You Who, What, And Why Your Cloud Costs Are Changing

A major problem led Amazon to introduce Cost Explorer and Cost and Usage Reports. Many Amazon Web Services (AWS) users were overspending on services they couldn’t quite identify.

Before the two cloud financial management tools, the AWS public cloud was like a buffet menu without prices. Engineers could use as many cloud resources as they could get away with (and then some), only to be hit with surprise bills at the end of the month or billing cycle.

Yet, Cost Explorer and Cost and Usage Reports (CUR) seem like two sides of the same coin. So, what are the differences between Cost Explorer and the CUR?

Table Of Contents

Quick Summary (Comparison Chart)

 

AWS Cost and Usage Report

AWS Cost Explorer

Description

A comprehensive, spreadsheet-like report of your billing data for a Payer AWS account

Highly visual cost graphs and tables showing a relatively high-level view of your costs and usage data for a specific Payer account in AWS

Unique functionality

Details historical cost and usage data and sends it to an Amazon S3 bucket for further analysis and longer retention

Not only offers historical records but also creates forecasts and savings recommendations

Data fields

Multiple line items. Also supports Cost Categories and Cost Allocation Tags

Up to 18 filters and groupings

Format

CSV and Parquet

CSV

Cost data duration

Hourly, daily, and monthly

Hourly (up to 14 days), daily, and monthly

Pricing

Free, but standard Amazon S3 charges apply

Free, although querying cost and usage data via the Cost Explorer API costs $0.01 per paginated request

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What Does AWS Cost Explorer Do?

AWS Cost Explorer provides a visual way to analyze your resource consumption and related costs across the AWS public cloud. It is a complimentary cloud cost management service in the AWS ecosystem.

aws cost explorer

Once you enable AWS Cost Explorer in the payer account, the tool collects and reports on your cost and usage data across all the member accounts linked to it.

After a while of use, Cost Explorer can generate cost and usage reports for up to the previous 12 months on top of the current one. The tool then analyzes the historical data to generate a three-month forecast of your future usage and costs for planning.

On the main graph, you can see your top five cost-accruing AWS services. The table view, on the other hand, allows you to examine all of your services’ costs and usage data.

Even better, you can sort through up to 18 cost filters to see where you spent your money. Those filters include views by instance type, cost category, resource, region or availability zone, service, and linked account.

aws filter preference

You can also view that cost data at hourly (for 14 days) and resource-level granularity (unlimited duration). If you want more detailed reports, you can get daily and monthly reports.

Dashboard

Cost Explorer monthly usage by service view

Something else. AWS Cost Explorer lets you create Savings Plans and Reservation reports of two types each:

  • A Savings Plan Utilization report lets you visualize your cumulative Savings Plan usage and specify a tailored Savings Plan utilization goal. The report facilitates understanding how well you use your purchased resources.
  • A Savings Plan Coverage report enables you to picture your general Savings Plans coverage. You can also set a customized Savings Plans coverage goal. The report aims to reveal savings opportunities.
  • A Reservation Utilization report helps you view how much of your reserved resources you’ve utilized to tell how well you are using them. It also lets you set a tailored reservation utilization target.
  • A Reservation Coverage report enables you to see your aggregate reservation coverage and set a custom target. The report aims to help you pinpoint savings opportunities.

AWS Cost Explorer can also generate up to 50 custom cost and usage reports at once if you want to share them with multiple shareholders. These reports are also available in comma-separated value (CSV) file format.

Speaking of customized, you can use the AWS Cost Explorer API to create interactive and custom cost management applications. You will not need to set up any additional infrastructure to accomplish this. However, AWS charges $0.01 per paginated request. Each page counts as a single request.

Another thing. If you want to visualize underutilized EC2 instances that you could downsize (on an instance-by-instance basis) within the same instance family, AWS Cost Explorer can help.

It is also useful if you want to figure out the potential effect on your AWS bill by taking your RIs and Savings Plans into consideration. Cost Explorer also makes custom recommendations in all commercial regions (excluding China), across the instance families A, T, M, C, R, X, Z, I, D, and H.

What Are AWS Cost And Usage Reports Used For?

In AWS, a Cost and Usage Report (CUR) provides a detailed view of your resource utilization as well as the associated costs in raw format.

Indeed, AWS Cost and Usage Reports provide the most detailed billing data of any AWS cost management tool, including Cost Explorer. An AWS CUR includes cost and usage data by the hour, daily, monthly, product, service, product resource, and custom tags.

Here’s a crucial detail. A CUR enables you to create and save cost and usage data to your own Amazon Simple Storage Service (Amazon S3) bucket. Some things to note here:

  • You can create up to 10 AWS Cost and Usage Reports for an individual account through the Billing and Cost Management console.
  • You can download the CUR data in CSV format (GZIP) or Parquet file format if you want to work the data with tools like QuickSight.
  • To ensure you always have the most up-to-date CUR data in Amazon S3, choose the “Overwrite existing report” option.
  • To simplify integrating CUR with other analytics tools on AWS, including Amazon Athena, Amazon QuickSight, and Amazon Redshift, choose the “Enable report data integration for” option.

After you’ve chosen your options, the report will take about 24 hours to generate. If you’re familiar with spreadsheet programs like Microsoft Excel or Google Spreadsheets, you’ll recognize this report:

After all, it looks like this:

Excel Sheet

Credit: An AWS Cost and Usage Report – Superadmins

Each column in the generated AWS Cost and Usage Report serves a specific purpose, including answers to billing details that describe the followingthe:

  • What you used the money on = line_item_unblended_cost
  • Who spent it = line_item_usage_account_id
  • When it was spent = line_item_usage_start_date
  • Where you actually spent it = product_region
  • Why you made the spend = line_item_resource_id

Enabling AWS Cost Categories and cost allocation tags will make your CURs more meaningful and easier to categorize. The best time to do this is before creating and saving a Cost and Usage Report. But you can still add the tags and categories at any time after.

Now, you’ve probably noticed. These many line items for a large organization can add up fast and be absolutely overwhelming.

That’s why AWS lets you save the data directly into an Amazon S3 bucket. This enables you to use the Amazon S3 API to pull and analyze the CUR data with a more robust cost solution, like CloudZero, CloudHealth, or Cloudability, to name a few.

As a result, AWS allows you to save the data directly into an Amazon S3 bucket. You can also use a raft of other analytics and business intelligence tools, including Apache OpenOffice Calc, Tableau, and Microsoft PowerBI.

AWS will update your CUR in Amazon S3 at least once a day and up to three times daily. But if you want, you can use the AWS Cost and Usage API Reference to create, retrieve, and delete your reports.

What Is The Difference Between AWS Cost And Usage Report And AWS Cost Explorer?

The biggest difference between Cost Explorer and an AWS Cost and Usage Report is that the CUR delivers more billing details.

For example, including your resource IDs in the CUR improves granularity (by generating individual line items for each resource). Of course, this increases the volume of data you store in the respective Amazon S3 bucket, which can increase your S3 spending and analysis effort.

Yet, CUR’s level of detail is especially ideal for amortizing costs and querying cost and usage data with more robust tools like CloudZero.

Also, while AWS Cost Explorer gives you a simplified, but higher-level view of your resource consumption and associated fees, AWS CUR lets you deep-dive into specific cost drivers. This means you can isolate and break down the specific reason or resources that led to a cost anomaly, such as a spike.

Unlike Cost Explorer, CUR will also let you integrate a more advanced tool for robust cloud financial management.

Better yet, an AWS Cost and Usage Report can provide data for periods as far back as you want via Amazon S3 (so long as you do not overwrite a CUR version with newer cost information). With Cost Explorer, you only get access to cost and usage data going back 12 months.

However, Cost Explorer offers a forecasting feature, with which you can predict several months’ spending based on your historical patterns and AWS account configuration.

Also, Cost Explorer creates Savings Plans and Reservation reports in a less overwhelming way compared to analyzing through an endless CUR.

Better yet, AWS Cost Explorer scans your environment, resource configuration, and spend patterns and generates custom savings recommendations. You can then take the recommendations and manually implement them in your infrastructure.

Cost Explorer does not automatically implement the changes on your behalf, unlike other tools like ProsperOps.

Take The Next Step: Get Real Cost Intelligence Without Endless Tagging In AWS

Here’s the thing. AWS Cost Explorer relies heavily on cost allocation tags to organize your AWS costs and usage data. An AWS Cost and Usage Report would also be baseless without accurate tagging.

Without a near-perfect tagging system, cost data in CUR and Cost Explorer is likely to be inaccurate. Yet, maintaining perfect cost allocation tags is often a huge challenge for many engineers, finance teams, and FinOps professionals.

For example, as you scale AWS usage or need to merge organizations or teams due to acquisitions, you’ll likely need to redo your tags or edit them significantly to have a consistent tagging strategy across your organization. That’s often time-consuming, error-prone, and demoralizing.

Also, messy tags don’t get you the granularity you’d otherwise want, such as cost per team, environment, or project.

Worse still, even if you have decent tags, CURs and Cost Explorer do not break down costs by individual customers, product features, or help you understand the context surrounding the line items. Instead, a CUR and Cost Explorer report emphasizes totals and averages.

CloudZero Shows You Who, What, And Why Your Cloud Costs Are Changing

With CloudZero’s code-driven approach, you can collect, analyze, and report on cost and usage telemetry from your environment and applications. This contextualizes your AWS cost and usage data, empowering you to view the costs of your tagged, untagged, and untaggable resources.

Organize Cloud Spend

You can even pinpoint the costs of individual tenants in a shared environment. Better yet, you can explore cost insights by role (engineer, finance, or FinOps). For example, your engineers can see how their technical choices, such as a deployment or architectural change, impact costs.

With CloudZero AnyCost, you can aggregate, analyze, and understand your costs across AWS, Azure, and Google Cloud, as well as platforms like Kubernetes, New Relic, Snowflake, and Databricks.

CloudZero AnyCost

Best of all, CloudZero helps you break down your costs into immediately actionable insights like cost per customer, per team, per software feature, per service, per environment, and more — even if you have messy AWS tags.

So, instead of this:

Excel Sheet

You get this:

CloudZero Dimensions

There’s more. CloudZero also delivers budgeting, forecasting, real-time cost anomaly detection, noise-free cost anomaly alerts, and more.

to see CloudZero in action!