What would your newsletter actually cost on each platform?

Substack takes 10% forever. beehiiv charges a flat fee. Ghost charges by list size. The cheapest choice depends entirely on your numbers — so put yours in. Pricing for 4 platforms, read from their own pricing pages, last checked 2026-06-10.

Gross revenue at these numbers: $2,500/month · At 5,000 subscribers and $10/month, Substack stops being the cheap option above $410/month in revenue (41 paid subscribers).

PlatformPlanPlatform feeRevenue cutCard processingTotal cost / moYou keepEffective fee
beehiivpartially verifiedScale (annual billing)$43.08$0$147.50$190.58$2,309.427.62%
Ghost (Pro)partially verifiedBusiness (annual billing)$199$0$147.50$346.50$2,153.5013.86%
SubstackverifiedSubstack$0$250$165$415$2,08516.6%
Kitpartially verifiedNo published tier fits this list size (custom pricing only)

Card processing assumes every paid subscriber bills monthly (annual billing reduces per-transaction fees). Platform fees use the cheaper annual-billed rate where one exists.

beehiiv: PARTIAL DATA: Scale/Max prices were read at the pricing page's default list-size; beehiiv has historically scaled plan price with subscriber count via a slider. Scraper must capture price-by-subscriber-count brackets before we publish cost claims above ~2,500 subs.

Ghost (Pro): PARTIAL DATA: only yearly-billed prices were readable; monthly-billing prices and member-count slider brackets (prices rise with member count) need the scraper.

Platform fee profiles

Every tier, take rate, and processing fee — each number linked to its source.

How we verify

Data is read from the platforms' own pricing pages and re-checked on a schedule. No number appears here without a source.

The full calculator

Compare total monthly cost, effective fee percentage, and the revenue point where flat fees beat revenue shares.

Head-to-head comparisons