PyCharm is a Python IDE with complete set of tools for productive development with the Python programming language. In addition, the IDE provides high-class capabilities for professional Web development with the Django framework.
Following the release of version 3, PyCharm forked into two paths: a free, Open-Source Community Edition; and the commercial, full-featured Professional Edition. Here are a few highlights of the different forks:
You can compare the forks here.
The quoted price is that for individual customers, paid annually. PyCharm is available at several price points. Above price reflects one year subscription for individual user; see this page for more information.
Full release notes are available here