AWS Budgets provide the ability to set custom budgets that can alert when costs exceed (or are forecasted to exceed) the budgeted amount. (Default configured budget is 1000 USD)

 
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AWSTemplateFormatVersion: '2010-09-09'
Resources:
  Budget:
    Type: 'AWS::Budgets::Budget'
    Properties:
      Budget:
        BudgetName: Cost Budget
        BudgetType: COST
        BudgetLimit:
          Amount: '1000'
          Unit: USD
        TimeUnit: MONTHLY
Parameters: {}
Metadata: {}
Conditions: {}

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