SOC 2 Costs: Audit Fees and First-Year Budget (2026)

Tyler Carbone
Published · Updated ·4 min read

SOC 2 cost includes the independent audit plus readiness, remediation, tooling, and the work of operating controls. There is no defensible universal price in this guide because comparable quotes need a shared scope. Budget each workstream separately, then compare the report type, system boundary, exclusions, and renewal terms in writing.

Key Takeaways

  • •Separate the independent audit from readiness, remediation, tooling, and recurring operation.
  • •Compare written scopes before comparing quote totals.
  • •Include internal operating time and renewal commitments in the budget.

For the next operating decision, compare managed compliance pricing with what managed compliance costs. Confirm the work included, the evidence you need, and who will own implementation before committing to a provider.

What does a SOC 2 audit fee include?

The independent engagement pays for the CPA firm’s examination and reporting work. Readiness and implementation are separate responsibilities unless the proposal explicitly includes them. AICPA & CIMA’s SOC overview identifies SOC as CPA assurance services; it does not publish a market price list.

Ask the auditor to name the system, applicable criteria, report type, proposed dates, evidence expectations, and report deliverables. Identify any separate fees for readiness, rescheduling, a changed scope, or additional work. A cheaper headline can cover a narrower engagement.

What belongs in a first-year total-cost budget?

A useful budget follows the work required to reach the report and keep the program operating. It makes internal effort visible alongside supplier invoices.

What belongs in a first-year total-cost budget? — comparison
Cost componentWhat to includeWhat to confirm in the proposal
Readiness assessmentScope review, gap assessment, remediation planWho evaluates gaps and who implements fixes
RemediationIdentity, endpoints, logging, policy implementationEngineering effort and new security tools
GRC platformSubscription, integrations, administrationContract term, framework scope, add-ons
Independent auditExamination, fieldwork, reportType, period, criteria, scope changes
Penetration testAgreed assets, testing, report, retestWhat testing is included and what changes the quote
Program operationEvidence review, access reviews, vendor reviewsInternal owner, service responsibilities, recurring work
RenewalContinued operation and next examinationRenewal pricing and notice requirements

Your budget should record actual quotes and internal assumptions in separate columns.

What makes SOC 2 cost more or less?

Scope changes the work. Multiple production environments, products, subservice organizations, and customer commitments can require different evidence and assessment effort. Confirm those boundaries before comparing firms.

The selected criteria and report type also affect the engagement. For report selection, use the Type 1 versus Type 2 guide. Avoid an assumed percentage premium: the final fee comes from the actual engagement, rather than a universal multiplier.

Readiness changes how much remediation remains, but it does not guarantee a particular discount. Inventory missing policies, unconfigured controls, inaccessible evidence, and unresolved findings. Assign an owner and an estimated internal effort to each item before setting a deadline.

How should startups compare managed packages?

Compare the services, audit, penetration test, platform, and ongoing responsibilities explicitly. A managed team operates the work; a platform subscription alone does not specify who owns implementation.

Agency’s startup program runs from $2,500 to $12,500 all-in for year one, depending on stage, with the SOC 2 Type 1/2 audit and an independent penetration test included, according to Agency’s startup pricing. The starting price covers Agency services only; the GRC platform is priced separately, so packages that include the platform land higher in the range.

For broader operating support, compare managed compliance pricing and the explanation of managed compliance costs. Ask for the exact responsibility split and line-item exclusions before signing.

How can you control the budget without weakening the audit?

Use a consistent scope and prepare evidence that reflects how controls actually operate. Reducing duplicated work is more useful than seeking a guaranteed savings percentage.

  • Ask prospective auditors to quote the same system boundary and reporting period.
  • Record the tools and subscriptions that the proposed service assumes you already own.
  • Name the person who implements each remediation and reviews recurring evidence.
  • Reserve time for findings, retesting, and the report review process.
  • Compare annual operation and renewal terms alongside the initial engagement.

A readiness assessment can be self-directed, advisor-led, or coordinated with the auditor under the applicable independence requirements. Choose based on the work your team can perform and the assurance it needs before fieldwork.

Frequently Asked Questions

What does a SOC 2 audit cost?
The fee depends on the system boundary, report type, criteria, period, and work included. Obtain written quotes against the same scope. This guide does not assert a market average without a documented sample.
What belongs in the first-year budget?
Include readiness assessment, remediation, tooling, the independent audit, any scoped penetration test, internal operating time, and support after the report. Check which items recur and which are separately priced.
Does Agency’s lowest startup price include the GRC platform?
The starting price covers Agency services only; the platform is priced separately. Packages that include the platform land higher in the published range. Confirm the final written scope for your stage.
Tyler Carbone

Tyler Carbone

Managing Director and Cofounder

Tyler Carbone is a Managing Director and Cofounder of Agency and one of the industry's leading voices on governance, risk, and compliance. He holds degrees from Harvard and a JD/MBA from the University of Virginia, and previously worked in cybersecurity at Deloitte. Tyler has helped hundreds of companies operate SOC 2, ISO 27001, HIPAA, and GDPR programs.

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