Monarch is a full money dashboard: it syncs your accounts, investments and net worth, and households share one subscription. It is available in Canada, billed in US dollars. Xpenses does less on purpose: it tells you what you will have at the end of the month from your recurring bills and income, with no bank link required. If you want everything in one synced dashboard, Monarch is the better fit.
| Monarch | Xpenses | |
|---|---|---|
| Price | US$14.99/month or US$99.99/year; all prices billed in USD | Free plan; Pro $4.99/month or $44.99/year, plus applicable sales tax |
| In-app price (Canadian App Store) | Monthly $19.49, yearly $129.99; Yearly Plus $259.99 | Purchases are made on the web only |
| Free trial or free plan | 7-day free trial; no free plan listed | Free plan with no time limit (one bank account) |
| Platforms | Web, iOS and Android | Web app on any device; iPhone and Android apps in preparation |
| Sharing | Invite household members under a single subscription, each with their own login; accounts cannot be hidden from members | Pro covers a shared wallet for two |
| Bank connection | Syncs through data providers; Monarch notes that some banks in Canada are difficult to connect or keep synced | No bank connection needed: manual entry, statement import or photos of your banking app read on the device |
| Currency | USD or CAD accounts, shown with $ and no currency conversion; charges and refunds in USD only | Canadian dollars |
| File import | CSV, on the web only | CSV, OFX, QFX, QIF and CAMT statements |
| French | Canadian App Store listing: English only | English and French |
Monarch is the better fit if…
Monarch suits households that want every account, investment and net worth synced in one dashboard, with any number of members on one subscription.
Xpenses is the better fit if…
Xpenses suits people who want the month-end figure without linking a bank, a free plan, French, and Pro at $44.99 a year in Canadian dollars.
Sources
- Monarch pricing (2026-10-12)
- Monarch in Canada (2026-10-12)
- Monarch help: Monarch for Couples and Households (2026-10-12)
- Monarch help: Understanding Data Providers and Connections (2026-10-12)
- Monarch on the App Store (Canada) (2026-10-12)
- Monarch help: International Accounts and Currency (2026-10-12)
- Monarch help: Importing Transactions Manually (2026-10-12)
Xpenses prices and features as of October 11, 2026.