3. COST COMPARISON: WHAT DO YOU REALLY PAY?
Let’s be honest: LinkedIn Ads is more expensive than Google Ads. On every metric you can think of — CPC, CPM, cost per lead. But that’s only half the story. The real costs are determined by what happens after the click.
Cost per click (CPC)
The average CPC for B2B campaigns differs significantly between both platforms:
- Google Ads (Search): €2–5 average for B2B keywords. Competitive industries like legal, financial and software can run up to €8–15 per click
- LinkedIn Ads: €6–12 average, with outliers up to €18–25 for highly competitive audiences (C-level at enterprise companies)
LinkedIn Ads is therefore on average 2–3x more expensive per click. But a click on LinkedIn comes from a verified professional profile with a known job title and employer — while a click on Google can come from literally anyone.
Cost per mille (CPM)
For awareness campaigns, the CPM is relevant:
- Google Ads (Display): €3–8 CPM, YouTube Ads €8–15 CPM
- LinkedIn Ads: €30–45 CPM average, Sponsored Content up to €60 CPM for narrow audiences
Cost per lead (CPL) and cost per MQL
This is where it gets interesting. Despite the higher click costs, the difference in cost per marketing qualified lead (MQL) is much smaller than you might expect:
- Google Ads: €80–150 per MQL (B2B average)
- LinkedIn Ads: €120–180 per MQL (B2B average)
The reason: LinkedIn leads convert from click to lead more often, because the targeting is more precise. You reach the right person, who finds your content relevant to their professional situation. A LinkedIn Lead Gen Form has an average conversion rate of 10–13%, compared to 3.5% for a Google Ads landing page in B2B.
The real comparison: cost per opportunity
When you calculate through to the sales funnel, the picture reverses. LinkedIn leads have a 2–5x higher close rate than Google Ads leads. This means:
The conclusion: if you look at cost per click, Google Ads is cheaper. If you look at cost per closed deal, LinkedIn Ads can actually be more affordable for companies with a high deal value (>€10,000). For a deeper analysis of Google Ads costs, read our article on Google Ads statistics 2026.