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Substack & Newsletter Calculator

Income from paid subs and open rate.

Substack 10% + ~3% Stripe included.

Net revenue / month

$1,667

Paid subs

250

Yearly

$20,004

Fees

-$333

How this tool works

Key Substack metric isn't total subs but conversion rate to paid. 5% is excellent, 2-3% is standard. 5,000 total subs at 5% conversion to $8/mo = $1,800/mo gross β†’ ~$1,560/mo net after fees. The calculator applies 10% Substack + Stripe + $0.30 fixed.

Frequently asked questions

How do I boost paid conversion?
Paywall after 3-5 emails of real value. Premium newsletter with unique angle (e.g., 'what they DON'T tell you on LinkedIn'). Discord/Slack community paid-only. Monthly cohort drop (FOMO).
Substack vs Beehiiv vs own?
Substack: 10% fee, built-in discovery via recommendations. Beehiiv: 0% fee, better stats. Own (Mailchimp + Stripe): zero fees, all setup on you. To start: Substack. To scale: migrate to Beehiiv or own.
Free β†’ paid: how long?
Top creators report: 6-12 months to $1k MRR with prior audience. Without audience: 18-24 months minimum. Accelerate with cross-promotions in your niche.
$5/mo or $10/mo?
Lower conversion, higher LTV. $5/mo: ~6-8% conversion. $10/mo: ~3-5% conversion. What matters is ARPU Γ— volume β€” calculate both scenarios and pick what yields more MRR at 12 months.