diff --git a/app/views/admin/budget_investments/_investments.html.erb b/app/views/admin/budget_investments/_investments.html.erb
index 15bbdc216..e5a79becb 100644
--- a/app/views/admin/budget_investments/_investments.html.erb
+++ b/app/views/admin/budget_investments/_investments.html.erb
@@ -30,7 +30,9 @@
         </th>
         <th data-field="geozone"><%= t("admin.budget_investments.index.list.geozone") %></th>
         <th data-field="feasibility"><%= t("admin.budget_investments.index.list.feasibility") %></th>
-        <th data-field="price"><%= t("admin.budget_investments.index.list.price") %></th>
+        <% if @budget.show_money? %>
+          <th data-field="price"><%= t("admin.budget_investments.index.list.price") %></th>
+        <% end %>
         <th data-field="valuation_finished">
           <%= t("admin.budget_investments.index.list.valuation_finished") %>
         </th>
diff --git a/app/views/admin/budget_investments/_select_investment.html.erb b/app/views/admin/budget_investments/_select_investment.html.erb
index 320abc579..9753b35f9 100644
--- a/app/views/admin/budget_investments/_select_investment.html.erb
+++ b/app/views/admin/budget_investments/_select_investment.html.erb
@@ -42,9 +42,11 @@
   <%= t("admin.budget_investments.index.feasibility.#{investment.feasibility}") %>
 </td>
 
-<td class="small" data-field="price">
-  <%= investment.formatted_price %>
-</td>
+<% if @budget.show_money? %>
+  <td class="small" data-field="price">
+    <%= investment.formatted_price %>
+  </td>
+<% end %>
 
 <td class="small text-center" data-field="valuation_finished">
   <%= investment.valuation_finished? ? t("shared.yes") : t("shared.no") %>
diff --git a/spec/system/admin/budget_investments_spec.rb b/spec/system/admin/budget_investments_spec.rb
index 333ea691d..fd0d8779e 100644
--- a/spec/system/admin/budget_investments_spec.rb
+++ b/spec/system/admin/budget_investments_spec.rb
@@ -30,6 +30,19 @@ describe "Admin budget investments", :admin do
       expect(page).to have_content(budget_investment.total_votes)
     end
 
+    scenario "Do not show price column on budgets with hide money" do
+      budget_hide_money = create(:budget, :hide_money)
+      budget_investment = create(:budget_investment, budget: budget_hide_money)
+
+      visit admin_budget_budget_investments_path(budget_hide_money)
+
+      expect(page).to have_content(budget_investment.title)
+      expect(page).to have_content(budget_investment.heading.name)
+      expect(page).to have_content(budget_investment.id)
+      expect(page).not_to have_content("Price")
+      expect(page).not_to have_content("€")
+    end
+
     scenario "If budget is finished do not show 'Selected' button" do
       finished_budget = create(:budget, :finished)
       budget_investment = create(:budget_investment, budget: finished_budget, cached_votes_up: 77)