Ghost vs Substack

Substack costs less at 6 of the 8 list sizes we priced.

At 5,000 subscribers

Try my own numbers →
$74/mo

Publisher plan at 5,000 subscribers.

Free planNo
Paid newsletters0% fee
Visit Ghost

SubstackCheaper

$0/mo

Free plan at 5,000 subscribers.

Free planYes
Paid newsletters10% of revenue
Visit Substack

At every list size

✓ marks the lower monthly price.

Your newsletterGhostSubstack
1,000 subscribers$18$0
5,000 subscribers$74$0
10,000 subscribers$105$0
25,000 subscribers$166$0
50,000 subscribers$245$0
100,000 subscribers$327$0
5,000 subscribers · 250 paying $8/mo$74$200
25,000 subscribers · 1,500 paying $8/mo$166$1,200

Free newsletter rows assume no paid subscribers. Paid rows add each platform's fee on paid revenue; card processing fees are excluded.

Which one to pick

Choose Ghost if

Open-source and fee-free on paid subscriptions: the best value for paid newsletters at mid-size lists.

Choose Substack if

Free at any list size; you pay only when you earn, but 10% of paid revenue becomes expensive as a paid newsletter grows.

Frequently asked questions

Which is cheaper, Ghost or Substack?

Substack costs less at 6 of the 8 list sizes we priced.

Does Ghost have a free plan?

No. The cheapest plan is Starter at $18 a month (Up to 1,000 members; no paid subscriptions).

Does Substack have a free plan?

Yes. The Free plan costs $0: free to publish at any size; Substack keeps 10% of paid subscription revenue.