diff --git a/.changeset/wicked-games-search.md b/.changeset/wicked-games-search.md
index 7fedc786b2..5264995a2d 100644
--- a/.changeset/wicked-games-search.md
+++ b/.changeset/wicked-games-search.md
@@ -2,4 +2,4 @@
 '@backstage/plugin-cost-insights': patch
 ---
 
-added an optional config entry to allow users to control the threshold value for the 'negligible' change in costs
+added an optional config entry `costInsights.engineerThreshold` to allow users to control the threshold value for the 'negligible' change in costs.
diff --git a/plugins/cost-insights/README.md b/plugins/cost-insights/README.md
index de9e2d5596..4aee74ef0a 100644
--- a/plugins/cost-insights/README.md
+++ b/plugins/cost-insights/README.md
@@ -222,7 +222,7 @@ costInsights:
       rate: 3.5
 ```
 
-### costChangeNegligibleThreshold (Optional; default 0.5)
+### engineerThreshold (Optional; default 0.5)
 
 This threshold determines whether to show 'Negligible', or a percentage with a fraction of 'engineers' for cost savings or cost excess on top of the charts.  
 A threshold of 0.5 means that `Negligible` is shown when the difference in costs is lower than that fraction of engineers in that time frame,  
diff --git a/plugins/cost-insights/config.d.ts b/plugins/cost-insights/config.d.ts
index 5317485555..e2387d62bd 100644
--- a/plugins/cost-insights/config.d.ts
+++ b/plugins/cost-insights/config.d.ts
@@ -21,6 +21,11 @@ export interface Config {
      */
     engineerCost: number;
 
+    /**
+     * @visibility frontend
+     */
+    engineerThreshold: number;
+
     /**
      * @visibility frontend
      */
diff --git a/plugins/cost-insights/src/hooks/useConfig.tsx b/plugins/cost-insights/src/hooks/useConfig.tsx
index 92b4c6c9f7..d1b3a4788e 100644
--- a/plugins/cost-insights/src/hooks/useConfig.tsx
+++ b/plugins/cost-insights/src/hooks/useConfig.tsx
@@ -22,7 +22,7 @@ import React, {
   useState,
 } from 'react';
 import { Config as BackstageConfig } from '@backstage/config';
-import { Currency, Icon, Metric, Product } from '../types';
+import { Currency, EngineerThreshold, Icon, Metric, Product } from '../types';
 import { getIcon } from '../utils/navigation';
 import { validateCurrencies, validateMetrics } from '../utils/config';
 import { createCurrencyFormat, defaultCurrencies } from '../utils/currency';
@@ -84,7 +84,7 @@ const defaultState: ConfigContextProps = {
   products: [],
   icons: [],
   engineerCost: 0,
-  engineerThreshold: 0.5,
+  engineerThreshold: EngineerThreshold,
   currencies: defaultCurrencies,
 };
 
diff --git a/plugins/cost-insights/src/testUtils/providers.tsx b/plugins/cost-insights/src/testUtils/providers.tsx
index 29123d974b..9522dfb702 100644
--- a/plugins/cost-insights/src/testUtils/providers.tsx
+++ b/plugins/cost-insights/src/testUtils/providers.tsx
@@ -31,7 +31,7 @@ import {
   ScrollContext,
   ScrollContextProps,
 } from '../hooks';
-import { Duration } from '../types';
+import { Duration, EngineerThreshold } from '../types';
 import { createCurrencyFormat } from '../utils/currency';
 
 export type MockFilterProviderProps = PropsWithChildren<
@@ -95,7 +95,7 @@ export const MockConfigProvider = (props: MockConfigProviderProps) => {
     products: [],
     icons: [],
     engineerCost: 0,
-    engineerThreshold: 0.5,
+    engineerThreshold: EngineerThreshold,
     currencies: [],
   };