---
description: Learn more about MATLAB price, benefits, and disadvantages for businesses in Australia. Read reviews from verified users and discover similar tools that fit your business needs.
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title: MATLAB Cost & Reviews - Capterra Australia 2026
---

Breadcrumb: [Home](/) > [Simulation Software](/directory/30607/simulation/software) > [MATLAB](/software/125813/matlab)

# MATLAB

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> MATLAB is a programming software for engineers and scientists to analyze data, develop algorithms, and create models.
> 
> Verdict: Rated **4.6/5** by 2090 users. Top-rated for **Likelihood to recommend**.

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## Overview

### Who Uses MATLAB?

Cloud-based and on-premise programming, modeling and simulation platform that enables users to analyze data, create algorithms, build models and run deployed models.

## Quick Stats & Ratings

| Metric | Rating | Detail |
| **Overall** | **4.6/5** | 2090 Reviews |
| Ease of Use | 4.0/5 | Based on overall reviews |
| Customer Support | 4.2/5 | Based on overall reviews |
| Value for Money | 4.2/5 | Based on overall reviews |
| Features | 4.6/5 | Based on overall reviews |
| Recommendation percentage | 80% | (8/10 Likelihood to recommend) |

## About the vendor

- **Company**: The MathWorks

## Commercial Context

- **Starting Price**: USD 203.63
- **Pricing model**: Flat Rate (Free Trial)
- **Pricing Details**: It is also available at $407.26 per license with additional features.
- **Target Audience**: Self Employed, 2–10, 11–50, 51–200, 201–500, 501–1,000, 1,001–5,000, 5,001–10,000, 10,000+
- **Deployment & Platforms**: Cloud, SaaS, Web-based, Mac (Desktop), Windows (Desktop)
- **Supported Languages**: English
- **Available Countries**: United States

## Features

- 2D Drawing
- 3D Imaging
- API
- Collaboration Tools
- Customisable Dashboard
- Data Discovery
- Data Management
- Data Visualization
- Design Analysis
- Design Management
- Document Management
- Forecasting
- Graphical Data Presentation
- Mathematical Modeling
- Modeling & Simulation
- Presentation Tools
- Regression Analysis
- Reporting & Statistics
- Reporting/Analytics
- Search/Filter
- Statistical Process Control
- Statistical Simulation
- Survival Analysis
- Time Series Analysis

## Integrations (18 total)

- Azure Cosmos DB
- COMSOL Multiphysics
- EASA
- FEATool Multiphysics
- FICO Xpress Optimization
- Innoslate
- Microsoft Excel
- Microsoft Power BI
- MongoDB
- Neo4j Graph Database
- OnScale Solve
- OpenText Analytics Database
- Simulink
- Spotfire
- Tableau

... and 3 more integrations

## Support Options

- Chat

## Category

- [Simulation Software](https://www.capterra.com.au/directory/30607/simulation/software)

## Related Categories

- [Simulation Software](https://www.capterra.com.au/directory/30607/simulation/software)
- [Engineering CAD Software](https://www.capterra.com.au/directory/30556/engineering-cad/software)
- [Data Visualisation Tools](https://www.capterra.com.au/directory/30696/data-visualization/software)
- [Statistical Analysis Software](https://www.capterra.com.au/directory/30752/statistical-analysis/software)
- [Predictive Analytics Software](https://www.capterra.com.au/directory/30945/predictive-analytics/software)

## Alternatives

1. [SIMUL8](https://www.capterra.com.au/software/114609/simul8-professional) — 4.6/5 (142 reviews)
2. [AnyLogic](https://www.capterra.com.au/software/95940/anylogic) — 4.5/5 (518 reviews)
3. [Wolfram Mathematica](https://www.capterra.com.au/software/171048/wolfram-mathematica) — 4.6/5 (169 reviews)
4. [Visual Components](https://www.capterra.com.au/software/188853/visual-components) — 4.4/5 (53 reviews)
5. [PTV Vissim](https://www.capterra.com.au/software/1078086/PTV-Vissim) — 4.9/5 (16 reviews)

## Reviews

### "Ease of use" — 5.0/5

> **Verified Reviewer** | *4 June 2025* | Business Supplies & Equipment | Recommendation rating: 8.0/10
> 
> **Pros**: Easy access to coding and critical information is available online. Super easy to import data files in and get plots from it.
> 
> **Cons**: Sometimes some of the functions can be a bit tacky / tricky to navigate through but watching few tutorials should ease the process.
> 
> A nice software to input your data in and code different outputs and plots which can be helpful to get insight on work process.

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### "MATLAB Review" — 4.0/5

> **Chetan** | *18 September 2024* | Education Management | Recommendation rating: 9.0/10
> 
> **Pros**: MATLAB is based on mathematical and physics equation's which makes simulation and modeling very easy task.It is most widely used tool in the robotics industry.
> 
> **Cons**: Sometimes simulation takes more than 24 hours to run and generate result.
> 
> I had used MATLAB for around 3 years for modelling and simulation of flight control systems of aircraft.

-----

### "GearUp Market Data Analysis for Real Estate Teams." — 5.0/5

> **Ignacio** | *23 September 2025* | Real Estate | Recommendation rating: 9.0/10
> 
> **Pros**: Users enjoy MATLAB's robust data analysis and easy dashboard customization, making it simple to follow local market trends and compare investment results easily.
> 
> **Cons**: Agency teams further elaborated that data collection on industries requires additional effort, and fewer report templates require additional effort to make outputs property management relevant.
> 
> The use of MATLAB allowed teams to make rapid valuations of rental trends and provide clean charts to be presented to customers in briefings, thereby creating confidence and guiding investment decisions.

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### "MatLab is super bad" — 1.0/5

> **Floris** | *17 October 2024* | Alternative Dispute Resolution | Recommendation rating: 0.0/10
> 
> **Pros**: I have nothing good to say about MatLab.
> 
> **Cons**: The interface, the documentation, the syntax, essentially everything.
> 
> The worst experience with any programming language ever.

-----

### "MATLAB review" — 5.0/5

> **Luke** | *30 December 2025* | Oil & Energy | Recommendation rating: 8.0/10
> 
> **Pros**: Matlab is very useful for post-processing and data analysis. Also a much more friendly tool than python for modelling.
> 
> **Cons**: The learning curve is fairly steep, that being said support online is very good and can make it much easier
> 
> Very good, only been using it for around a year but it has improved the data visualisation for reports dramatically.

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## Links

- [View on Capterra](https://www.capterra.com.au/software/125813/matlab)

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