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HomeSnowflakeAll changesOn-Demand Storage price cut 42%
SnowflakePricing change · Plan removed · Price decrease · Jan 1 → Jul 1, 2024

Snowflake Reduces On-Demand Storage Pricing by 42.5% to $23/TB/Month, Enhancing Cost Efficiency for Users

Verified Jan 22, 2026Cloud & DevOpsDirection: down
The changeOn-Demand Storage price — price decrease.
Before · Jan 1$40/TB/month
After · Jul 1$23/TB/month
−42%
2 changes2 capturesJan 1, 2024 → Jul 1, 2024

What happened

Between the Jan 1, 2024 and Jul 1, 2024 captures of Snowflake's pricing page, Pulse recorded 2 changes: Capacity Storage plan removed as separate option (previously $23/TB/month for discounted storage paid upfront); On-Demand Storage decreased from $40/TB/month to $23/TB/month (42.5% decrease). Pulse files it as a pricing change (plan removed, price decrease) with a downward direction. Pulse's latest capture (Aug 10, 2026) lists Business Critical at $4 per credit, Enterprise at $3 per credit, Standard at $2 per credit and On-Demand Storage at $23 per TB / per month.

This is the first pricing-page change Pulse has recorded for Snowflake. Snowflake has been tracked since 2024-10-03.

In the same window Databricks also changed their Cloud & DevOps pricing pages. Those moves are listed further down, and the Pulse Agent can compare them side by side.

  • Capacity Storage · PlanRemoved
    Capacity Storage planNo Capacity Storage plan
  • On-Demand Storage · Price−42%
    $40/TB/month$23/TB/month

Values as written on Snowflake's public pricing page in the two captures Pulse compared; where the page states no number, the cells give the wording before and after.

Evidence

The two captures Pulse compared

Full-page captures of Snowflake's pricing page (snowflake.com) from Jan 1, 2024 and Jul 1, 2024; the change is marked on the page, where on-demand storage price reads $40/TB/month and then $23/TB/month.

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The two full-page captures with this change marked up are free with an account.

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Snowflake, pricing history

Full history
  1. Aug 11, 2026packagingSnowflake: default pricing hidden — now requires platform/region selection
  2. Jul 4, 2026packagingSnowflake: Free trial reassurance messaging removed from pricing page
  3. Apr 27, 2026packagingSnowflake removes free trial promotional messaging from pricing page
  4. Q2 2024packagingSnowflake Reduces On-Demand Storage Pricing by 42.5% to $23/TB/Month, Enhancing Cost Efficiency for Users · this change

Across Cloud & DevOps in the same window

All Cloud & DevOps changes
  1. DatabricksJan 11Databricks Introduces Proprietary Foundation Model Serving While Removing Anthropic Foundation Model Serving from AI Offerings
  2. DatabricksJan 11Databricks Removes Mosaic AI Model Training Pre-Training from Offerings While Adding Delta Share for SAP Integration
  3. DatabricksJan 11Databricks Introduces Operational Database Plan at $0.40/DBU for Fully-Managed Postgres Transactional Database
  4. DatabricksJan 11Databricks Restructures Pricing and Consolidates Workflows, Enhancing Generative AI and Data Science Offerings
  5. DatabricksJan 11Databricks Introduces New Interactive Workloads and Renames Key Products to Enhance Data Engineering Capabilities

Questions about this change

Did Snowflake raise prices in July 2024?

No — prices went down. Between Jan 1, 2024 and Jul 1, 2024 Snowflake's pricing page showed 1 price cut: On-Demand Storage: $40/TB/month → $23/TB/month (−42%).

What changed on Snowflake's pricing page between Jan 1, 2024 and Jul 1, 2024?

Capacity Storage plan: Capacity Storage plan → No Capacity Storage plan, removed; On-Demand Storage price: $40/TB/month → $23/TB/month (−42%). Pulse compared the captures it took on Jan 1, 2024 and Jul 1, 2024; the before/after table above lists each item as written on the page.

How often does Snowflake change its pricing?

Pulse recorded 0 other pricing-page changes for Snowflake in the 90 days before this one; Snowflake has been tracked since 2024-10-03.