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AI Price Scanner Verified 2026-03-19

1v1 Pricing Showdown

Wave vs Xero

Side-by-side pricing breakdown for Accounting Software decision-makers

Prices in USD, verified from the United States. Regional pricing may vary.

Wave logo

Wave

2 plans
8/10
$19 /mo
Free plan
Renewal $19/mo Stable
Visit Wave
VS
Xero logo

Xero

3 plans
8.5/10
$25 /mo
Renewal $25/mo Stable
Start Xero Free Trial

Feature Comparison

Feature Wave Xero
invoicing Yes Yes
bank feeds Pro only Yes
payroll Paid add-on Third-party
inventory No Established
receipt scanning Pro only
mobile app Yes Yes
unlimited users Yes Yes
multi currency Growing+
integrations 1000
Visit Wave Start Xero Free Trial

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Frequently Asked Questions

Is Wave cheaper than Xero?
Wave is cheaper starting at $19/mo. Wave starts at $19/mo and Xero at $25/mo.
Does Wave or Xero offer a free plan?
Wave offers a free plan.
Which is better, Wave or Xero?
Xero scores 8.5/10 compared to Wave's 8/10 in our analysis. Xero ranks higher on features and value, but Wave may suit specific use cases — see the feature comparison above.
Is Wave cheaper than Xero for a team of 5?
For a team of 5, Wave costs $19/mo (flat rate) and Xero costs $25/mo (flat rate). Wave is the cheaper option at this team size.
Are there other accounting software alternatives besides Wave and Xero?
Yes. Our [Accounting Software pricing comparison](/pricing/accounting-software/) page covers all major providers with daily-verified prices. You can also see the [cheapest accounting software](/pricing/accounting-software/cheapest/) for budget-focused options.