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LM Studio Pricing 2026

Plans, hidden costs, and alternatives compared

Coverage from thenewstack.io 9to5Mac XDA Developers How To Geek
1 plans tracked Updated Oct 2026

Cite this data: Toolradar, LM Studio pricing verified Oct 2026, toolradar.com/tools/lm-studio/pricing

LM Studio is free.

Verified Oct 2026 from the official pricing page.

Is LM Studio worth the price?

Great value

At $0 per month with all features included and no restrictions, LM Studio's pricing is incredibly generous and almost unheard of in the LLM space.

It's completely free, even for commercial use, making it an unbeatable value for anyone who wants to run local models without paying per token or subscription fees. Best for privacy-conscious users, developers, and hobbyists who have their own hardware.

Pricing Plans

Free

For everyone

  • All features included
  • Personal and commercial use
  • Local API server
  • Model management
  • Chat interface
  • Regular updates

How LM Studio compares

4 of 4 direct competitors offer a free plan.

Starting price and free plan: LM Studio and its direct competitors
Tool Starting price Free plan
LM Studio Free Yes
Ollama Free Yes
Jan Free Yes
GPT4All Free Yes
Text Generation WebUI Free Yes

LM Studio Pricing FAQ

How much does LM Studio cost?

LM Studio is free to use. No subscription or one-time fee is required for the core product.

Does LM Studio have a free plan?

Yes. LM Studio offers a free plan called "Free". It includes: All features included, Personal and commercial use, Local API server.

What are alternatives to LM Studio?

Alternatives to LM Studio include Ollama, Jan, GPT4All, Text Generation WebUI. Ollama, Jan, GPT4All are fully free.

LM Studio alternatives

Direct competitors. Starting prices match the table above.

Sources

  • Official LM Studio pricing: lmstudio.ai (verified Oct 2026)
  • Cite this data: Toolradar, LM Studio pricing verified Oct 2026, toolradar.com/tools/lm-studio/pricing
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