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Diff for: content/en/monitors/types/cloud_cost.md

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{{< callout url="https://www.datadoghq.com/private-beta/cost-anomaly-detection/" btn_hidden="false" header="In Preview">}}
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Cost anomaly detection is in Preview. To request access, complete the form.
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The Cost Anomalies dedicated page is in Preview. To request access, complete the form.
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{{< /callout >}}
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## Overview
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Get proactive notifications on cost changes to help mitigate unexpected cloud spend. Cloud Cost Monitors help you identify cost changes quickly so you can investigate the cause.
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Cloud Cost Monitors help you proactively identify cost changes, and understand if you're projected to go over budget, so you can investigate the cause.
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In order to configure Cloud Cost monitors, you need to have [Cloud Cost Management][1] set up. After it's set up, you can configure monitors to alert when costs increase or decrease.
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In order to configure Cloud Cost monitors, you need to have [Cloud Cost Management][1] set up.
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Cloud Cost monitors are evaluated with a 48 hour delayed evaluation window, because Cloud Cost data is not guaranteed to be available until 48 hours after usage. For example, a monitor with a lookback of 7 days being evaluated on January 15 examines cost data from January 6 through January 13.
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## Monitor creation
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To create a Cloud Cost monitor in Datadog, you can set up via [Terraform][5], from the main navigation, [**Monitors** --> **New Monitor** --> **Cloud Cost**][4], or from the [Cloud Cost Explorer][2].
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Optionally, click the **+ Create Monitor** button in the cost report side panel.
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Optionally, click the **+ Create Monitor** button in the cost Explorer side panel.
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{{< img src="/monitors/monitor_types/cloud_cost/explorer_new.png" alt="The Create Monitor button on a cost report side panel in the Cloud Cost Explorer" style="width:100%;" >}}
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