How Much Money is 1,000 Views Worth on Medium?
How much money can you make by writing on Medium? This is one of the most important and most frequent questions I get asked. And honestly, I understand why.
Although the best and most successful writers are those who don’t write for money but rather for the love of the craft, it’s totally natural to want to know how much you’ll be compensated for spending hours working. Of course I love to write, but I’m motivated by knowing that I earn when I write.
Every time I publish a story, I hope it makes me at least enough to buy me a coffee. And I don’t think anyone should feel guilty about that.
The truth is that there’s a lot of variation around how much money you can earn on Medium. Some of the top writers on the platform make over $25,000 per month. But most writers — 94.6%, in fact, last month — make less than $100 per month.
You see why this is a more open-ended question that you might think at first. Yes, it’s possible to earn thousands. I’ve seen people do it. I do it myself. But there’s no guarantee.
That’s why I choose to measure writing income with a different metric: dollars per view.
In this article, I’m going to break down the two different ways to measure how much money you can expect per 1,000 views, and I’ll explain to you four strategies to improve that ratio.
I have also created a video here which describes the same:
I’ll be upfront: there are two different ways of looking at this — by month and story.
First, you can look at your monthly views. This is the simplest metric to measure because Medium puts it all right there:
You can easily calculate each month. For example, in April I got ~40k views and earned $611. That gives me around $15 per 1000 views. The same is true for March — I got around 28k views that month and earned $402, giving me about $14 for 1,000 views.
The second metric is by an individual story. And the weird thing is, the trend doesn't continue.
Let’s pick an individual story. Here’s one with just over 1k views that’s earned me $42.45.
This is weird. With my earlier calculation, 1.1k views should have earned me between $15-$16. Instead, I’ve earned nearly triple that.
This brings me to the most interesting thing about Medium: higher-viewed stories tend to earn disproporionately more. This means that stories that one story that gets 1,000 views will almost always earn more than 2 stories that earn 500 views put together. This is because the earlier views are always worth less than the later views. How do I know? Look at the earnings chart over time: