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Free tool · AI B2B ads

CPC vs CPM Calculator

ChatGPT ads, LinkedIn and most DSPs let you pay per click or per thousand impressions. Enter both prices and your click-through rate to see which is cheaper per click, the CTR where they break even, and what your cost-per-lead target can afford.

  • Free, no sign-up
  • Runs in your browser
  • Checked 19 October 2026

Your cost-per-lead target (optional)

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How it works

How to use the CPC vs CPM Calculator

  1. Enter the CPM and CPC prices you can buy at, or pick an example to start.
  2. Enter your real click-through rate for the same audience.
  3. Read the verdict, the break-even CTR and the max CPC your lead target allows.
WhatHow it's worked out
Effective CPC on CPMCPM ÷ (1,000 × CTR)
Break-even CTRCPM ÷ (10 × CPC), in %
Highest CPM worth payingCPC × CTR × 10
Max CPC for target CPLTarget cost per lead × conversion rate

From our media team

How to use the result

  • Buy CPC while CTR is unknown. On CPM you carry the risk of a weak ad; on CPC the platform does. Switch an ad group only after its CTR has held above break-even for a few weeks.
  • Judge CTR per ad group, not per account. Decision-stage questions often have lower CTR and better companies. Averages hide that.
  • Check the lead maths before the bid. If the max CPC is below both prices, the problem is the landing page or the target, not the pricing model.
  • Early ChatGPT benchmarks are thin. The one published B2B pilot reported a 0.66% CTR at $5.68 a click. Treat it as a reference point, not a target.

Read next

Questions

Straight answers.

When is CPM cheaper than CPC?

When your click-through rate is above the break-even CTR, which is CPM ÷ (10 × CPC). At a $40 CPM and a $5 CPC the break-even is 0.8%: above it, CPM costs less per click.

Can I buy ChatGPT ads on CPC?

Yes. OpenAI added cost-per-click buying in 2026 alongside CPM. Check which bidding options Ads Manager shows for your campaign objective.

Why does CTR matter so much?

On CPM you pay for every impression, so the cost per click is the CPM divided by how many people click. Halve the CTR and the effective CPC doubles.

Does this work for LinkedIn and display?

Yes. The maths is the same on any platform that sells both CPM and CPC. Only the prices and CTRs change.

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