← Blog
GlossaryMay 29, 20262 min read

Cost Per Mille (CPM)

Learn CPM meaning and calculation. See benchmarks: Facebook $7-10, LinkedIn $33-38, YouTube $3.53.

By The Ad Spend
A woman on a corded desk phone looking up.

The cost to show your ad 1,000 times. Standard pricing for awareness and reach campaigns. Does not account for engagement or clicks.

Formula

(Ad Spend ÷ Impressions) × 1000

Benchmark range

Facebook: $7-10 average. LinkedIn: $33-38 (highest). YouTube: $3.53. TikTok: $9.16. Conversion campaigns can hit $30+ CPM.

Why it matters

Use CPM for brand awareness where impressions matter more than clicks. Compare across placements—Stories often cheaper than Feed. High CPM with low CTR signals targeting or creative issues. LinkedIn CPM is 4-5x Facebook but delivers 113% B2B ROAS.

Where it applies

  • Google Display
  • Meta Ads
  • YouTube
  • LinkedIn Ads
  • TikTok Ads
  • Programmatic
  • CTV

Related terms