diff --git a/sdks/python/apache_beam/testing/load_tests/load_test.py b/sdks/python/apache_beam/testing/load_tests/load_test.py
index 20dea3932b49..c9c20f82800e 100644
--- a/sdks/python/apache_beam/testing/load_tests/load_test.py
+++ b/sdks/python/apache_beam/testing/load_tests/load_test.py
@@ -25,6 +25,7 @@
 from apache_beam.metrics import MetricsFilter
 from apache_beam.options.pipeline_options import GoogleCloudOptions
 from apache_beam.options.pipeline_options import PipelineOptions
+from apache_beam.options.pipeline_options import StandardOptions
 from apache_beam.runners.runner import PipelineState
 from apache_beam.testing.load_tests.load_test_metrics_utils import InfluxDBMetricsPublisherOptions
 from apache_beam.testing.load_tests.load_test_metrics_utils import MetricsReader
@@ -133,7 +134,8 @@ def __init__(self, metrics_namespace=None):
             os.getenv('INFLUXDB_USER'),
             os.getenv('INFLUXDB_USER_PASSWORD')),
         # Apply filter to prevent system metrics from being published
-        filters=MetricsFilter().with_namespace(self.metrics_namespace))
+        filters=MetricsFilter().with_namespace(self.metrics_namespace),
+        is_streaming_pipeline=options.view_as(StandardOptions).streaming)
 
   def test(self):
     """An abstract method where the pipeline definition should be put."""
diff --git a/sdks/python/apache_beam/testing/load_tests/load_test_metrics_utils.py b/sdks/python/apache_beam/testing/load_tests/load_test_metrics_utils.py
index 7e38be79e995..27f3bf874948 100644
--- a/sdks/python/apache_beam/testing/load_tests/load_test_metrics_utils.py
+++ b/sdks/python/apache_beam/testing/load_tests/load_test_metrics_utils.py
@@ -45,6 +45,7 @@
 
 import apache_beam as beam
 from apache_beam.metrics import Metrics
+from apache_beam.metrics.execution import MetricResult
 from apache_beam.metrics.metric import MetricResults
 from apache_beam.metrics.metric import MetricsFilter
 from apache_beam.runners.dataflow.dataflow_runner import DataflowPipelineResult
@@ -91,6 +92,15 @@
           }]
 
 _LOGGER = logging.getLogger(__name__)
+VCPU_PER_HR_STREAMING = 0.069
+VCPU_PER_HR_BATCH = 0.056
+VCPU_PER_HR_STREAMING = 0.069
+MEM_PER_GB_HR_BATCH = 0.003557
+MEM_PER_GB_HR_STREAMING = 0.0035557
+PD_PER_GB_HR = 0.000054
+PD_SSD_PER_GB_HR = 0.000298
+SHUFFLE_PER_GB_BATCH = 0.011
+SHUFFLE_PER_GB_STREAMING = 0.018
 
 
 def parse_step(step_name):
@@ -203,7 +213,9 @@ def __init__(
       publish_to_bq=False,
       influxdb_options=None,  # type: Optional[InfluxDBMetricsPublisherOptions]
       namespace=None,
-      filters=None):
+      filters=None,
+      is_streaming_pipeline=False,
+      ):
     """Initializes :class:`MetricsReader` .
 
     Args:
@@ -217,6 +229,7 @@ def __init__(
     self.publishers: List[MetricsPublisher] = []
     # publish to console output
     self.publishers.append(ConsoleMetricsPublisher())
+    self.is_streaming_pipeline = is_streaming_pipeline
 
     bq_check = project_name and bq_table and bq_dataset and publish_to_bq
     if bq_check:
@@ -271,6 +284,16 @@ def publish_metrics(
     job_id = None
     if isinstance(result, DataflowPipelineResult):
       job_id = result.job_id()
+      total_cost = compute_dataflow_cost(
+          result=result, is_streaming_pipeline=self.is_streaming_pipeline)
+      # we might need time.sleep here.
+      insert_dicts.append([
+          Metric(
+              submit_timestamp=time.time(),
+              metric_id=metric_id,
+              value=total_cost,
+              label='cost')
+      ])
       self._add_job_id_to_metrics(insert_dicts, job_id)
 
     if len(insert_dicts) > 0:
@@ -309,7 +332,6 @@ def publish_values(self, labeled_values):
       publisher.publish(metric_dicts)
 
   def _prepare_all_metrics(self, metrics, metric_id):
-
     insert_rows = self._get_counters(metrics['counters'], metric_id)
     insert_rows += self._get_distributions(metrics['distributions'], metric_id)
     return insert_rows
@@ -680,3 +702,57 @@ def __init__(self):
   def process(self, element):
     yield self.timestamp_val_fn(
         element, self.timestamp_fn(micros=int(self.time_fn() * 1000000)))
+
+
+def compute_dataflow_cost(
+    result: DataflowPipelineResult,
+    is_streaming_pipeline: bool = False,
+) -> float:
+  """
+  Calculates the approximate cost of a Dataflow pipeline.
+
+  Args:
+    result: The DataflowPipelineResult object containing job metrics.
+    is_streaming_pipeline: Whether the pipeline is streaming or batch.
+
+  Returns:
+    The total cost of the pipeline in USD.
+  """
+
+  metrics: List[MetricResult] = result.metrics().all_metrics()
+  target_metrics = (
+      "TotalVcpuTime",
+      "TotalMemoryUsage",
+      "TotalStreamingDataProcessed",
+      "TotalShuffleDataProcessed",
+      "TotalPdUsage",
+      "TotalSsdUsage")
+  dataflow_service_metrics = {}
+  for metric_result in metrics:
+    metric_name = metric_result.key.metric.name
+    if metric_name in target_metrics:
+      dataflow_service_metrics[metric_name] = metric_result.result
+
+  cost = 0
+  cost += dataflow_service_metrics.get(
+      "TotalVcpuTime") / 3600 * VCPU_PER_HR_BATCH if (
+          not is_streaming_pipeline) else VCPU_PER_HR_STREAMING
+  cost += (dataflow_service_metrics.get("TotalMemoryUsage") /
+           1000) / 3600 * MEM_PER_GB_HR_BATCH if (
+               not is_streaming_pipeline) else MEM_PER_GB_HR_STREAMING
+
+  # Additional costs for streaming or shuffle data
+  if is_streaming_pipeline:
+    cost += dataflow_service_metrics.get(
+        "TotalStreamingDataProcessed") * SHUFFLE_PER_GB_STREAMING
+
+  cost += dataflow_service_metrics.get(
+      "TotalShuffleDataProcessed"
+  ) * SHUFFLE_PER_GB_BATCH if not is_streaming_pipeline else 0
+
+  # Add persistent disk costs
+  cost += dataflow_service_metrics.get("TotalPdUsage") / 3600 * PD_PER_GB_HR
+  cost += dataflow_service_metrics.get(
+      "TotalSsdUsage") / 3600 * PD_SSD_PER_GB_HR
+
+  return cost