Softwr

Developer Tools · head to head

HCP Terraform vs Wasabi

HCP Terraform logo

HCP Terraform

Developer Tools

Infrastructure as code provisioning and management, formerly Terraform Cloud

From
Free
Free plan
Yes
Full reviewWebsite
Wasabi logo

Wasabi

Cloud

Hot cloud storage without egress fees

From
$7.99/month
Free plan
No
Full reviewWebsite

The short version

  • Only HCP Terraform has a free tier, so it costs nothing to try first.
  • Each has a real cost: HCP Terraform legacy free version deprecated; no current freemium tier; Wasabi 90-day minimum storage duration with no option to delete before full period without penalty
  • Prices and features above were last checked on 30 August 2026.

Where they differ

Only the attributes on which HCP Terraform and Wasabi actually diverge.

Attributes where HCP Terraform and Wasabi differ
AttributeHCP TerraformWasabi
Starting priceFree$7.99/month
Pricing modelusage-basedUnknown
Free tierYesNo
PlatformsWebWeb, API
CategoryDeveloper ToolsCloud
FoundedUnknown2015

Identical on both: user rating (Not yet rated).

What each one covers

Drawn from each product's published feature list. An absence here means we hold no record of it - not that the product lacks it.

Only in HCP Terraform

Nothing recorded that Wasabi does not also cover.

Only in Wasabi

  • Hot Cloud Storage
  • S3 Compatible API
  • Object Lock
  • Versioning
  • Multi-region
  • Data Migration Tools
  • Immutability
  • Ransomware Protection

What people use each for

The jobs each tool is most often brought in to do.

HCP Terraform

  • Infrastructure as Code managementnot Wasabi
  • Cloud resource provisioningnot Wasabi

Wasabi

  • Backup and recoverynot HCP Terraform
  • Media storagenot HCP Terraform
  • Archive replacementnot HCP Terraform
  • Ransomware protectionnot HCP Terraform

Where each one falls short

Documented limitations, not opinions. Every one is a constraint you would hit in normal use.

HCP Terraform

  • Legacy free version deprecated; no current freemium tier
  • New users receive $500 credit but still require usage to continue service
  • Terraform Enterprise requires custom pricing

Wasabi

  • 90-day minimum storage duration with no option to delete before full period without penalty
  • Significantly smaller global footprint than AWS with only 16 regions, resulting in higher latency for users in underserved regions
  • Performance can degrade with high-volume transactions requiring throughput management strategies
  • Hot storage only, no cold/archival storage tier for long-term data at lower cost
  • Support responsiveness gaps with teams experiencing multi-day waits for critical issue resolution

Pricing, plan by plan

HCP Terraform

Free
  • Essentials$0.1/month
    • Per resource pricing
    • Remote state storage
    • VCS connection
  • Standard$0.47/month
    • Per resource pricing
    • Essentials features plus unlimited modules
    • Module deprecation
  • Premium$0.99/month
    • Per resource pricing
    • Standard features plus module revocation
    • Waypoint actions

Wasabi

$7.99/month

No published plan breakdown. See the Wasabi review.

Which should you pick?

Choose HCP Terraform if

  • You want to start without paying.
HCP Terraform review

Choose Wasabi if

  • You need hot cloud storage.
  • You work on Web, API.
  • You also want s3 compatible api.
Wasabi review

Questions people ask

Is HCP Terraform or Wasabi better?
Neither clearly leads. HCP Terraform starts at Free and Wasabi at $7.99/month, and user ratings are close enough to be indistinguishable. Choose on capability and platform support.
Which is cheaper, HCP Terraform or Wasabi?
HCP Terraform has a free tier; the other does not. Paid plans start at Free for HCP Terraform and $7.99/month for Wasabi.
Does HCP Terraform or Wasabi run on more platforms?
HCP Terraform runs on Web. Wasabi runs on Web, API.
Can I use HCP Terraform for free?
Yes. HCP Terraform has a free tier, so you can try it without paying. Wasabi starts at $7.99/month.
What is HCP Terraform best used for?
HCP Terraform is most often used for infrastructure as code management, cloud resource provisioning. Of those, infrastructure as code management and cloud resource provisioning are not what Wasabi is typically brought in for.
What can HCP Terraform do that Wasabi cannot?
Wasabi covers Hot Cloud Storage, S3 Compatible API, Object Lock, Versioning.

Answered from the vendors’ own pages

HCP Terraform: How much does HCP Terraform cost?

HCP Terraform uses per-resource pricing starting at $0.10/month/resource for Essentials, $0.47/month/resource for Standard, and $0.99/month/resource for Premium.

Source
Wasabi: What is Wasabi's pricing structure?

Wasabi offers pay-as-you-go pricing at $7.99 per TB per month as of July 2026, with no egress or API request fees. Reserved capacity plans are available for multi-year terms with volume discounts.

Source
HCP Terraform: Does HCP Terraform offer a free tier?

No, the legacy free version has been deprecated. However, new users receive $500 credit to try the service.

Source
Wasabi: Does Wasabi charge for data downloads or API calls?

No. Wasabi includes zero egress fees and zero API request fees, which is a major cost advantage over AWS S3. Customers can plan their budget to the penny without worrying about surprise data transfer charges.

Source
HCP Terraform: What does the Standard plan include?

Standard plan at $0.47/month/resource includes unlimited modules, module deprecation, team notifications, no-code provisioning, and Waypoint templates.

Source
Wasabi: Is there a minimum storage duration requirement?

Yes. Wasabi enforces a 90-day minimum storage term. Users who delete data before 90 days are still charged for the full 90-day period.

Source
Wasabi: Is Wasabi S3-compatible?

Yes. Wasabi Hot Cloud Storage is fully S3-compatible, meaning organizations can integrate it into existing workflows without rewriting application code used with AWS S3.

Share

Related pages

More on HCP Terraform

More on Wasabi

Keep looking

Other head to heads