# ExpenseElf vs Penko Expense Tracker

The clearest difference is ads: Penko Expense Tracker at none against ExpenseElf's shown. ExpenseElf's advantage is update cadence (every 2 days vs every 5 months). On price, in-app purchases, device support and iOS requirement there is nothing between them.

Both are free to download. ExpenseElf sells 1 one-off in-app purchase and Penko Expense Tracker sells 8 one-off in-app purchases. Whichever you choose, the download price is not the number that matters.

ExpenseElf ships an update every 2 days, Penko Expense Tracker every 5 months. The most recent releases landed on September 14, 2026 and September 19, 2026 respectively.

## The numbers

| Metric | ExpenseElf | Penko Expense Tracker |
| --- | --- | --- |
| Price | Free | Free |
| In-app purchases | Yes | Yes |
| Ads | Yes | **No** |
| Update frequency | **Every 2 days** | Every 5 months |
| Size | 52 MB | 5 MB |
| Requires iOS | **15.1** | 16.2 |
| Devices | **iPhone, iPad, iPod** | iPhone, iPad |
| Age rating | 4+ | 4+ |
| Developer | [Ho Man Kwok](https://appshunter.io/developer/1848355799) | [AKINALP FIDAN](https://appshunter.io/developer/1844114666) |

## What reviewers say

### ExpenseElf

[App page](https://appshunter.io/ios/app/expenseelf/id6754907628)

**Features:** macOS Compatibility

**In-app purchases (1)**

| Purchase | Price | Billing |
| --- | --- | --- |
| Remove Ads | $2.99 | one-time |


### Penko Expense Tracker

[App page](https://appshunter.io/ios/app/penko-expense-tracker/id6754943713)

**Features:** macOS Compatibility, Vision Pro support

**In-app purchases (8)**

| Purchase | Price | Billing |
| --- | --- | --- |
| Water | $0.29 | one-time |
| Tea | $0.49 | one-time |
| Bagel | $0.99 | one-time |
| Coffee | $1.49 | one-time |
| Wrap | $2.99 | one-time |
| Burger | $4.99 | one-time |
| Turkish Doner | $8.99 | one-time |
| Surprise Me | $14.99 | one-time |


## Frequently asked questions

### Is ExpenseElf free?

ExpenseElf is free to download, with in-app purchases available.

### Is Penko Expense Tracker free?

Penko Expense Tracker is free to download, with in-app purchases available.

### Do ExpenseElf or Penko Expense Tracker have ads?

ExpenseElf shows ads; Penko Expense Tracker does not.

### Which is updated more often, ExpenseElf or Penko Expense Tracker?

ExpenseElf ships an update every 2 days, and Penko Expense Tracker every 5 months. Most recently, ExpenseElf was updated on September 14, 2026 and Penko Expense Tracker on September 19, 2026.

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*Compared by [AppsHunter](https://appshunter.io/) from daily US App Store data. Review summaries are generated from verbatim App Store reviews.*