Deep diveGet chosen · 4 min read · 2 November 2026
What LinkedIn
ads cost.
LinkedIn ads have no fixed price. You bid in an auction, and the cost is set by how many advertisers want the same audience. LinkedIn's page lists a $10 minimum daily budget and a $100 minimum lifetime budget for new campaigns, and suggests $25 a day for new advertisers. Its examples are in US dollars, so check the figure Campaign Manager shows for an Australian dollar account. What you're charged for depends on your optimisation goal and bid strategy.
The
minimums.
LinkedIn's budget page says the minimum daily budget to start is $10, for any ad format, and the minimum lifetime budget for a new campaign is $100. Once a lifetime campaign launches, the minimum becomes $10 a day multiplied by the days scheduled.
It suggests $25 a day for new advertisers and $50 to $100 for existing ones, and says the defaults in other currencies are 'the equivalent of $25'. That framing reads as US dollars. LinkedIn's API also works out minimums for the account's currency and the campaign's settings, so the number Campaign Manager shows you is the one that counts.
For lifetime budgets, LinkedIn says its pacing predicts activity over a week and spreads spend to match. Expect daily spend to wobble around the budget rather than hit it exactly.
Three ways
to bid.
LinkedIn offers three bidding strategies. Maximum delivery lets LinkedIn bid automatically to spend the budget and get the most results. Cost cap sets a limit on the average cost per result. Manual bidding sets the most you'll pay for each result you've chosen.
What you're actually charged for depends on the campaign's optimisation goal and the bid strategy together. Depending on those, it can be per 1,000 impressions, per click, or another result.
During setup, Campaign Manager gives real-time suggestions on competitive bids for the audience you've built. That's the most honest benchmark you'll get, because it's for your audience, today.
How the auction
decides.
LinkedIn's 2020 explainer describes an auction where the winner is judged on the bid and a relevance score based on how likely people are to respond. It's a second-price style auction: in LinkedIn's example, a $1.40 bid that beats a $1.00 bid pays $1.01, not $1.40.
Two things follow. Bidding higher than you need doesn't usually cost you the full bid, so very low manual bids mostly just lose. And an ad people respond to wins more often for the same money.
You usually pay just enough to beat the next bid, not your full bid.
Why it costs more
than other platforms.
LinkedIn clicks usually cost more than clicks on Meta. You're paying for the targeting: job title, seniority, company and industry, which other platforms can't match. B2B advertisers chasing the same decision-makers bid against each other, and the audiences are small.
Whether it's worth it comes down to what a customer is worth. Selling a $40 product, it rarely adds up. Selling a contract worth tens of thousands, a dear click can still be the cheapest way to reach the right ten people.
So don't compare LinkedIn's cost per click with Google's or Meta's. Compare cost per qualified lead, and what those leads turn into over the buying cycle.
Pay per view,
or per click?
When your campaign lets you choose, the cheaper option depends on your click rate. Paying per 1,000 views wins once enough people click. Below that point, paying per click is cheaper.
Put in the bids LinkedIn suggests for your own audience, and the click rate you expect. The starting numbers are made up to show the maths.
The starting numbers are made up to show the maths. Campaign Manager shows suggested bids for your own audience when you set up a campaign. Suggested bids aren't what you'll pay: in LinkedIn's auction you usually pay just enough to beat the next bid.
Cheaper for you
-
- Paying per view: cost per click-
- Paying per view: cost per lead-
- Paying per click: cost per click-
- Paying per click: cost per lead-
What to
budget.
Start from the audience, not the minimum. A budget that reaches your audience once is too thin to be remembered. The audience checker on the B2B LinkedIn page shows whether your audience is the right size, and the B2B budget page works backwards from the revenue you need.
Then give it time. B2B buying cycles run for months, so judge LinkedIn on the pipeline it adds over a quarter, not the leads it brings in week one.
And track it properly. A lead form that sends contacts into your CRM, with the deal value recorded later, is what tells you whether the dear clicks paid.
Your turn
On LinkedIn, paying per 1,000 views costs $60 and paying per click costs $9. Above what click rate is paying per view the cheaper option?
At $60 per 1,000 views, each click costs $60 divided by the number of clicks per 1,000 views. At a 0.67% click rate that's about 6.7 clicks, so about $9 each. Any higher, and paying per view wins.
In my experience
The pattern I see most in LinkedIn accounts is a budget set at or near the minimum against an audience of hundreds of thousands. The ads run, the money goes, and almost nobody in the audience sees them more than once. The other is judging LinkedIn on cost per click against Google, then switching it off before the first leads had time to become deals. Both come from treating LinkedIn like a cheap traffic source, which it isn't.
What to do
this week.
Size the audience
Tight enough that your budget can reach it more than once.
Check the real minimum
Campaign Manager shows it for your currency.
Pick a bid strategy
Maximum delivery to learn, cost cap or manual once you know your numbers.
Choose views or clicks
Run the calculator with the bids LinkedIn suggests.
Judge over a quarter
On qualified leads and pipeline, not cost per click.
Questions
people ask.
How much does LinkedIn advertising cost in Australia?
There's no fixed price. You bid in an auction, and Campaign Manager suggests bids for your audience. LinkedIn lists a $10 minimum daily budget, framed in US dollars, so check the figure shown for your account's currency.
What is the minimum budget for LinkedIn ads?
LinkedIn lists $10 a day, or $100 lifetime for a new campaign, with examples in US dollars. Campaign Manager shows the minimum for your currency.
Why are LinkedIn ads so expensive?
You're paying for targeting by job, seniority and company, and competing with other B2B advertisers for small audiences. Judge it on cost per qualified lead and deal value, not cost per click.
Is CPC or CPM better on LinkedIn?
It depends on your click rate. Paying per view is cheaper once enough people click; below that, paying per click is. The calculator on this page finds the tipping point from LinkedIn's suggested bids.
Is LinkedIn advertising worth it for small business?
When a customer is worth enough to justify dear clicks, and the buyers are easy to define by job or company. For low-value products sold to consumers, Meta or Google usually suit better.
What changed
- First published. Every source checked on the day.
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