5 Best Instagram Money Calculators in 2023: Estimate How Much You Can Earn

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Ever wondered how much you could earn on Instagram based on your engagement rates and number of followers? Well, you’re not alone! That’s where the Instagram money calculator comes in handy! 

As Instagram keeps gaining popularity worldwide, many people are curious about how they can make money by creating content on this addictive app. So, the problem is that figuring out how much money you can make on TikTok can be really confusing.

If you know how to get sponsored on Instagram and have income from your account, it’s important to figure out how much your IG profile is worth. Join us as we explore the Instagram money calculator for free and find out the potential value of your talent!

Ready?! Let’s get started!

Why Use Instagram Money Calculator

Why use the IG Money Calculator? Your Instagram followers are important for making money. But not all calculators are trustworthy. Some give inaccurate engagement rates and collect your private information. Here are three reasons to use the IG Money Calculator based on the Instagram algorithm:

  1. Know the value of your posts: Find out how much your posts are worth, so you can make smart choices about monetizing your content. It’s essential when is the best time to post on Instagram.
  1. Attract real sponsorship opportunities: Show your accurate engagement rate in order to attract brands that value real connections with their audience.
  1. Understand your follower engagement ratio: Identify real followers from fake ones. Get a clearer understanding of your audience’s authenticity.

Don’t waste time on unreliable calculators. Use the IG Money Calculator to maximize your earnings on Instagram!

5 Best Instagram Money Calculators

In this article, we have put together a collection of Instagram influencers’ sponsored post money calculators that you can find online. Let’s dive right into it without any delay.

1. InfluencerMarketingHub: Instagram Money Calculator for Free

Go to the official website for Influencer marketing and click on the Instagram calculator. Get ready for an adventure as you discover how valuable your Instagram account is!

InfluencerMarketingHub: Instagram Money Calculator for Free
Influencer Marketing Hub

This platform claims to provide influencer marketing services for everything you need. They can help you with email marketing, promoting on social media, collaborating with brands and influencers, and even online shopping. But the big downside is that it takes a lot of time to load and estimate. Such an unfortunate one! Nonetheless, it is one of the best options available.

Let’s see other Instagram money calculators!

2. InBeat: Instagram Money Calculator

It is a useful search tool that includes a feature called ‘the Instagram cost estimator’. InBeat is easy to use and stands out because it provides more information about each influencer, such as their audience growth and how effective their recent posts are. It is the only tool that also gives cost estimates for Stories and Reels, in addition to regular posts.

InBeat: Instagram Money Calculator
InBeat

I appreciate the price comparison between regular posts, Stories, and Reels, and I find the user interface easy to understand. It’s a great tool overall, even though the range of prices could be a bit broader. 

3. HypeAuditor: Instagram Followers Money Calculator

You can also use HypeAuditor is one of the best influencer marketing agencies online. The great thing about this tool is that it seems to give you detailed information. 

HypeAuditor: Instagram Followers Money Calculator
HypeAuditor

It won’t disappoint you, even if you need advanced features for experienced influencers. It can calculate how much money an influencer’s Instagram account is likely earning.

Keen to learn more about it? Read this article: HypeAuditor Reviews and Alternatives!

4. Inzpire. me: Instagram Money Calculator

This Instagram money calculator offers analytics and campaign management from an outside source. Apparently, Inzpire.me helps you analyze the Instagram accounts of important people by choosing their location, gender, age, and other details. To use the calculator, you need to have a Business or Creator subscription.

Inzpire. me: Instagram Money Calculator
Inzpire

According to their claims, it can predict the number of views, reach, followers, and engagement of an influencer’s Instagram posts, as well as the estimated cost of sponsored posts. However, it is costly. The smallest amount you need to pay each month is $289 for the service.

Yes, you read right! But, it doesn’t offer a free plan or free trial!

5. IGFace: Instagram Money Calculator

Let’s talk about Igface, a popular tool on Instagram used by many brands, influencers, and top influencers. Whether you’re an agency, influencer, or advertiser, you can contact them directly to use their services. 

IGFace: Instagram Money Calculator
IGFace

In addition to influencer marketing, IGFace also offers different social media packages. However, there may be some incorrect information on their website. The tool is available for free.

Now, you may consider:

How Much Money Can You Make on Instagram

Well, it’s not straightforward. There’s no simple answer because Instagram influencers’ incomes vary a lot. Some make just a couple hundred dollars per month, while others earn over a million dollars per post.

So, why such a big difference? It depends on various factors unique to each influencer, like how many followers they have and how engaged their audience is. The more followers an influencer has, the more money they can make on Instagram.

According to a report from Later in 2023, here are the average amounts that influencers (from macro-influencers to nano-influencers) can earn for each Instagram post and Reel:

  • Macro-influencer: $5,000 to $7,030 per Reel
  • Mid-tier influencer: $175 to $625 per post; $500 to $5,000 per Reel
  • Micro-influencer: $150 to $155 per post; $200 to $500 per Reel
  • Nano-influencer: $55 to $150 per post; $100 to $200 per Reel

Now, let’s see how to get more followers on Instagram to boost your online income!

Another question that arises now is: 

How Many Followers Do You Need to Start Earning

You can earn on Instagram without being famous or having a large number of followers.

 Even with just 1,000 followers, you can still make a good income. Smaller influencers can earn around $150 per post and $200 per Reel. In fact, Instagram prefers nano- and micro-influencers for better engagement rates. So, if you’re new to influencing or have a smaller following, Instagram could be the right platform for you.

Let’s introduce one of the best-ever influencer marketing platforms that helps you to find relevant brands to collaborate with. Interested to learn more? Go ahead!

Ainfluencer: The Professional Influencer Marketing Platform

Ainfluencer is a fantastic place where brands and influencers meet. It assists brands in quickly finding and teaming up with popular influencers, running successful advertising projects, and measuring their success. and guess what? It’s absolutely free! This amazing platform helps you find influencers easily with its advanced search tools. But it doesn’t stop there! 

Ainfluencer goes above and beyond by providing a safe and secure marketplace for you to create ads, connect with as many influencers as you want, and manage your marketing campaigns effortlessly. And the best part? You don’t have to pay anything for all these great features!

FAQs on Instagram Money Calculator

Now, it’s time to take a look at some frequently asked questions regarding IG Calculators. Let’s go!

1. Can You Earn Money with Just 1,000 Followers on Instagram?

Yes! A 2023 report from Later states that if you have 1,000 Instagram followers, you can earn around $55 to $150 for each post or $100 to $200 for each Reel.

2. How Much Money Can You Earn with 10,000 Instagram Followers?

According to a report by Later, if you have 10,000 Instagram followers, you can earn approximately $150 to $155 for each post or $200 to $500 for each Reel.

3. How to Earn Money on Instagram?

Here are some proven ways to make money on IG:

1. Earn Money Through Sponsored Content 

One way to make money on Instagram is by posting sponsored content. To do this, choose a specific topic or interest, grow your followers, increase engagement, and partner with brands that will pay you to advertise their products or services.

2. Become an Entrepreneur 

Being an entrepreneur on Instagram means selling your own products. It involves more than just marketing – you need to create a product, produce relevant content, and engage with your audience to successfully sell your products.

3. Affiliate marketing 

This is another way to make money on Instagram, even though it has some potential drawbacks. With affiliate marketing, you earn a commission by promoting and selling other people’s products, as long as you choose trustworthy products and make genuine promises.

4. Dropshipping 

You can also sell dropshipped products on Instagram. This involves running a virtual store and selling products that are shipped directly from the supplier. To be successful, it’s important to align your niche and content with the products you’re selling to attract more customers.

5. Sell Photos 

If you’re a talented photographer, you can sell your Instagram photos to big brands through online marketplaces like Ainfluencer. This allows you to monetize your photography skills and potentially earn money by collaborating with relevant brands.

To Wrap Things Up

In this article, we have talked about the best Instagram Money Calculators. These tools can help you figure out how much money you can make from Instagram or how much you might need to spend if you’re running a business. We made this list by trying out different calculators online. If you find them challenging to use or come across a new calculator that works better for you, please share your thoughts in the comments below.

Najme

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