whatiscpm.com

Trust lane

The rate ledger

By Oliver Wakefield-Smith · updated October 2026

Benchmarks reviewed October 2026 · next review January 2027

The short answer

This is not a methodology essay; it is the receipts drawer. Every number, definition and no-published-rate finding used anywhere on this site is listed below with its source, retrieval date and next scheduled review. Site-wide rule: a figure that cannot appear in this ledger cannot appear on a page.

Selection rules when sources conflict

  • A platform's own published number beats any third party for facts about the platform (revenue shares, billing rules, minimums).
  • For market averages platforms refuse to publish, we cite dated third-party trackers and marketplaces with a stated data basis (Gupta Media's public tracker table, Libsyn Ads' published podcast rates) and name them in the same breath as the figure.
  • Where neither exists, the channel is recorded as no-published-rate. We do not average blog folklore into a fake benchmark.
FigureWhat it isSourceRetrievedNext review
Benchmark figures
$10.02Meta (Facebook and Instagram combined) average CPM, December 2025, the latest month in the public tableGupta Media Social CPM Tracker, public monthly tableOctober 2026January 2027
$8.06Meta (Facebook and Instagram combined) average CPM, June 2025, same tableGupta Media Social CPM Tracker, public monthly tableOctober 2026January 2027
$2.84TikTok average CPM, December 2025, the latest month in the public tableGupta Media Social CPM Tracker, public monthly tableOctober 2026January 2027
$18-22Podcast 30-second baked-in host-read ad, overall average CPM range per 1,000 downloads (tools use the $18 low end)Libsyn Ads (formerly AdvertiseCast) podcast advertising ratesOctober 2026January 2027
$24-26Podcast 60-second baked-in host-read ad, overall average CPM range per 1,000 downloads (tools use the $24 low end)Libsyn Ads (formerly AdvertiseCast) podcast advertising ratesOctober 2026January 2027
$12-15Podcast programmatic pre-produced ad, CPM range per 1,000 downloads (tools use the $12 low end)Libsyn Ads (formerly AdvertiseCast) podcast advertising ratesOctober 2026January 2027
Documented facts and definitions
auctionGoogle's ad auction prices ads by bid, quality and expected impact, not a rate cardAbout the Google Ads auctionJuly 2026October 2026
68%Publisher share of AdSense for content revenue when Google Ads is the buyer (about 68%; 80% after the advertiser platform fee)AdSense revenue share, Google HelpOctober 2026January 2027
def.AdSense page RPM definition: (estimated earnings / page views) x 1000AdSense RPM definition, Google HelpJuly 2026October 2026
growthRetail media is among the fastest-growing ad spend categories in dentsu's global forecastdentsu global ad spend forecastJuly 2026October 2026
modeledDOOH impressions are modeled audience estimates, not served-ad counts (Geopath methodology)Geopath OOH audience measurementJuly 2026October 2026
def.CPC definition: you pay per click, not per impressionGoogle Ads CPC definitionJuly 2026October 2026
capFrequency capping limits how many times one person sees your display or video adGoogle Ads frequency cappingJuly 2026October 2026
def.CPM definition: cost per thousand impressions (mille is Latin for thousand)Google Ads Help, CPM definitionJuly 2026October 2026
tCPATarget CPA bidding: Google sets auction bids to average your cost per acquisition targetGoogle Ads target CPAJuly 2026October 2026
30sYouTube CPV charge rule: you pay when someone watches 30 seconds (or the full ad if shorter) or interactsGoogle Ads video campaign biddingJuly 2026October 2026
vCPMGoogle Ads viewable CPM bidding: you pay only for impressions measured viewableGoogle Ads viewable CPM biddingJuly 2026October 2026
reportIAB/PwC internet advertising revenue report (macro spend context)IAB internet advertising revenue reportJuly 2026October 2026
IAB v2Podcast impressions are filtered downloads under the IAB Podcast Measurement Technical GuidelinesIAB Tech Lab podcast measurement guidelinesJuly 2026October 2026
reportIAB US podcast advertising revenue report (market size and growth context)IAB US podcast advertising revenue study (2023 revenue, 2024-2026 projections)November 2026February 2027
CPM cert.Certified Property Manager: a real-estate management credential issued by IREMIREM certificationsJuly 2026October 2026
50% / 1sMRC viewable impression standard: 50% of pixels in view for 1 continuous second (display) or 2 seconds (video)Media Rating Council viewability standardsJuly 2026October 2026
$5,000Mediavine entry requirement: $5,000 in annual ad revenue (its Journey on-ramp asks for 1,000 tier-1 sessions in 30 days)Mediavine requirementsOctober 2026January 2027
milleMille: Latin for thousandMerriam-Webster, milleJuly 2026October 2026
auctionMeta's ad auction ranks bid x estimated action rate x ad quality; price is an output, not a menuMeta ad auction mechanics, Meta Business HelpJuly 2026October 2026
75%Meta may exceed your daily budget by up to 75% on a given day, averaged over 7 daysMeta ads pricing pageOctober 2026January 2027
$5Meta's recommended starting budget: at least $5 over 6+ days (a recommendation, not a rate)Meta ads pricing pageOctober 2026January 2027
~50Optimization events Meta says an ad set typically needs to exit the learning phaseMeta learning phase, Meta Business HelpJuly 2026October 2026
R&FMeta reach and frequency buying: fixed CPM quoted upfront with frequency controlsMeta Reservation buying (formerly reach and frequency), Meta Marketing API docsNovember 2026February 2027
25,000Raptive entry requirement: 25,000 monthly pageviews (25,000-99,999 needs 50% of traffic from the US, UK, Canada, New Zealand or Australia)Raptive FAQsOctober 2026January 2027
100k+TikTok Pulse: TikTok's first ad revenue share program with creators, public figures and media publishers, open to accounts with at least 100,000 followers. The announcement states no share percentage.TikTok Pulse announcement, TikTok Newsroom (2 May 2022)October 2026January 2027
AIPTwitch Ads Incentive Program: fixed monthly payouts offered in-dashboard for ad commitments; amounts are not published publiclyTwitch Ads Incentive Program, Twitch HelpJuly 2026October 2026
overviewTwitch monetization overview: ads, subs, Bits; no published per-1,000 ad rateTwitch Affiliate Program FAQ, Twitch HelpNovember 2026February 2027
~35%Share of open-display advertiser spend captured by adtech intermediariesUK CMA online platforms and digital advertising market study (2020)July 2026October 2026
US v. GoogleUS DOJ suit over monopolization of digital advertising technologies (the adtech fee chain)US Department of Justice press releaseJuly 2026October 2026
55%Creator share of YouTube watch-page ad revenue (YouTube keeps 45%)YouTube Partner Program revenue share, Google HelpOctober 2026January 2027
def.YouTube RPM definition: total revenue per 1,000 total views, after YouTube's shareYouTube Studio RPM vs CPM, Google HelpJuly 2026October 2026
No-published-rate findings
no published rateAmazon Ads publishes pricing models (auction, managed minimums for DSP), not CPM ratesAmazon Ads Sponsored DisplayJuly 2026October 2026
no published rateGoogle publishes no rates, minimums or CPM figures; bidding amounts are up to youGoogle Ads bidding pageJuly 2026October 2026
no published rateHulu's ad manager describes self-serve buying; current minimums surface in the buying flow, not a public rate cardHulu Ad ManagerJuly 2026October 2026
no published rateLinkedIn describes auction pricing and budget controls; it publishes no average CPMLinkedIn ads pricing pageJuly 2026October 2026
no published rateMeta publishes no rate card; prices are set in a real-time auctionMeta ads pricing pageOctober 2026January 2027
no published rateDOOH rates are quoted per screen network; no industry-wide published CPM existsOAAA industry resourcesJuly 2026October 2026
listed per newsletterNewsletter sponsorship rates are listed per publication on marketplaces like Paved; there is no single published averagePaved sponsorship marketplaceJuly 2026October 2026
no published ratePinterest describes campaign objectives and auction buying; it publishes no average CPMPinterest Business advertisingJuly 2026October 2026
no published rateReddit describes its self-serve auction and buying model; it publishes no average CPMReddit for BusinessJuly 2026October 2026
no published rateRoku Ads Manager describes self-serve CTV buying; no public average CPMRoku Ads ManagerJuly 2026October 2026
no published rateSnapchat describes goal-based bidding in a self-serve auction; it publishes no average CPMSnapchat for Business advertisingJuly 2026October 2026
no published rateSpotify publishes Ads Manager entry points and formats, not average CPMsSpotify AdvertisingJuly 2026October 2026
no published rateTikTok publishes billing mechanics and minimum budgets in its help center, not average CPMsTikTok Ads Manager help centerJuly 2026October 2026
no published rateTikTok Creator Rewards: rewards are calculated dynamically from view country, view count, engagement and view authenticity; TikTok publishes no per-1,000 rateTikTok Creator Rewards Program TermsOctober 2026January 2027
no published rateTwitch publishes no per-1,000 ad rate; Ads Incentive Program offers appear in-dashboard onlyTwitch Ads Incentive Program, Twitch HelpJuly 2026October 2026
no single rateOpen-exchange CPMs clear per-impression in real-time auctions; no authority publishes one current averageUK CMA digital advertising market studyJuly 2026October 2026
no published rateX (Twitter) describes objective-based auction buying; it publishes no average CPM, and most circulating figures predate 2023X AdsJuly 2026October 2026
no published rateYouTube publishes no CPM or CPV rates; buying runs through the Google Ads auctionYouTube AdvertisingJuly 2026October 2026

Review cadence: quarterly, last pass October 2026. Figures failing re-verification get dropped or downgraded to no-published-rate rather than left to rot. Spot something stale first? Tell us. The benchmarks in table form: /rates; the verdict logic they feed: what is a good CPM.