Making a career on YouTube is a dream for many young people. Unfortunately, selling products can be daunting early on. This is why many creators rely on ad revenue to keep them going during the initial months. Fortunately, there are YouTube money calculators that can help guide you in understanding what you need to do to make how much money.
How Do YouTube Money Calculators Work?
Money calculators are tools that give you a ballpark figure of potential earnings. After inserting your predicted views and CPM, you can see how much money your channel can make after entering the YouTube Partner Program.
Some of these programs are fantastic for competitive analysis. Use them to insert the channel ULR of a creator to see how much money they earn from each video. That way, you can figure out if there’s even a point in running ads on your videos or if you should make money by selling your company’s products.
Benefits of Using These Calculators for Content Creators
As mentioned, these programs show you how much you can potentially earn on the social platform. They’re especially valuable for users who have never tried a YouTube career and don’t know what to expect. The better programs also assess niche earnings, which makes them more precise.
The other reason why you would use these tools is to see how much money other companies are making. While YouTube advertisements shouldn’t be the most relevant income source for brands, they can still provide an extra influx of resources.
Factors that Influence YouTube Earnings
Almost every tool on the list considers daily and monthly views for its calculations. Based on how many people are watching your videos, you can presume how much cash you’ll earn when running ads. Furthermore, you have much more control over view count than you have over CPM.
Cost-per-mille is the other part of the equation. By using this metric, you can see how much money you’re making per 1,000 views. It is the basic measure of effectiveness, but you have little control over it.
The other things to consider are your specific niche and geolocation. The general rule is that the US creators make more money than creators from smaller countries. This is because the US ads are more expensive so creators earn higher commissions. The ad value also depends on the product that’s being advertised.
13 Recommended YouTube Calculators
When I tested these tools, I used my own channel as the starting point. This allowed me to compare programs’ features and determine their accuracy. I avoided tools that malfunctioned or provided bad results. So, you can rest assured that all entries are legit and will provide some value for your analysis.
The great thing about this nifty online tool is that it includes two parts. The first part of the tool assesses your potential revenues. All you have to do is input daily video views and average engagement rate, and the revenue calculator will show estimated daily earnings, estimated monthly earnings, and projected yearly earnings.
If you have a YouTube channel, things are even easier. By typing in the channel URL, you’ll see the subscriber count, total number of videos, actual earnings, and average earnings per video.
For example, the video with the most views on my channel (42,000 total views) generated $78 in revenue. It is worth noting that I’m not spamming ads on my channel, which has skewered earnings downward. However, this should give you a glimpse of what to expect if you’re trying to make money on YouTube.
Unlike Influencer Marketing Hub, Upwork uses a much simpler (you can even say worse) solution. First, you input revenue per thousand impressions, a metric that is also referred to as RPM. This KPI shows how much money you made from each person who has seen your ad. Ideally, you should have as high RPM as possible to increase your advertising revenue.
After inputting this metric, you must type in the total number of views. Based on these two KPIs, Upwork will calculate your potential revenue from a single video. With some extra calculations, the money calculator tool can also show you average earnings per video. The only issue with it is that it’s really hard to predict RPM if you’re a brand-new channel.
Kajabi is an online platform consisting of numerous tools and features that would help you make money. As such, it isn’t surprising they’ve included a revenue calculator tool among its digital products. With this piece of software, you can assess potential earnings on the social media platform before launching a full-scale project.
The calculator consists of four modifying spaces. You have monthly view count, engagement level, video length, and niche profitability. It is one of my favorites within this category, as it gives you more realistic expectations regarding potential income. Engagement levels and video length are especially valuable for assessing your future earnings.
There are a few things that make Social Blade such an awesome tool for strategic planning. First off, the tool allows you to insert your YouTube name and automatically calculate daily views and estimated CPM. For example, when I inserted my YouTube Studio ID, Social Blade showed me I am getting 285 daily views with an estimated CPM of $0.25 to $4.00
Alternatively, if you don’t have a channel and you’re just considering YouTube monetization, you can use Social Blade to make a guesstimate. Insert the number of daily views you expect from your video content as well as CPM. Based on these figures, the monetization calculator tool will give you estimated daily, monthly, and yearly earnings.
Further Reading: 15 YouTube Video Summarizer Tools to Check Out
Unlike other entries, Sellfy also assesses the money from ads and products. You start by inserting the number of monthly views followed by a cost-per-mille estimate. Based on these two data, the program will show you how much money you can make on advertisement and selling your brilliant products.
It’s worth noting that passive income from ads is affected by both the CPM and views, while product sales are affected by the total number of views. Sellfy predicts the more average views you get, the more money you’ll earn from branded products. Of course, this is only an estimate; if you’re not selling anything whatsoever, you can scratch this line altogether.
Omni Calculator is a useful software that allows creators to predict monetization value from their audience. Users should insert RPM (revenue per thousand impressions), number of views, gross revenue, and net revenue.
It’s worth mentioning that you don’t need all four of these numbers; only three will suffice. The fourth is calculated in real-time as you input other figures. The thing I appreciate about Omni Calculator is that its analytics is based on days, weeks, months, etc. Furthermore, the software assesses your earnings potential in domestic currency.
With this nifty program, you can assess your current monetization strategies or plan a YouTube career. Like a few other programs on the list, HypeAuditor can analyze your current channel to better understand how engaged audience is. Specifically, it shows you the engagement rate by comparing the average video views with the subscriber count.
Based on these figures, HypeAuditor gives you earning estimates. It’s worth noting that the program also assesses conversion rates on TikTok and comes with a few other features. For example, it considers exclusive content rights and the size of your brand. While these metrics aren’t that important for your calculation, they’re a nice addition.
Further Reading: 15 Magical AI YouTube Video Makers
MajorGeeks is a rather straightforward tool that you can use from your browser. My favorite thing about it is there are no overlay ads on the page, something that you’ll notice on most other calculators. In other words, there aren’t any nasty distractions that would annoy you as you’re analyzing your YouTube income streams.
After inputting the video view count, you need to change the minimum and maximum estimated CPM. Based on these numbers, MajorGeeks provides daily, monthly, and annual revenue estimates. I need to mention you get a range from minimum to maximum revenue, which depends on your minimum and maximum potential CPM.
This nifty tool has a rather appealing interface and is easy to use. It comes with only two sliders: viewer engagement and views per day. As you move the views per day slider, it changes the expected monthly and annual viewership. This is a cool feature that allows you to assess the audience count over different periods.
Once you input both metrics, you’ll be able to assess estimated daily, monthly, and yearly earnings. I’m not a big fan of this program, given there are much more comprehensive solutions on the web. While this software does a good job predicting potential earnings based on limited data, it doesn’t offer any other value besides that.
Further Reading: 7 Simple and Free YouTube Transcript Generators
Calconic does a great job assessing audience engagement. The thing that makes this monetization calculator tool stand out from the rest is its ad-skipping slider. In other words, the program takes into account the non-skippable ads, skippable video ads, and the audience’s interactions with them.
Besides this metric, Calconic also requires views per month and CPM to perform its analysis. As you can presume, each of these three changes the end results, lowering or increasing passive income. All in all, I love the tool’s presentation and the fact it calculates the retention rate for ads.
For the most part, this software works similarly to other tools on the list. You can change the number of daily views, which modifies the number of monthly and annual views. The second slider gives you an accurate figure for your audience engagement and click-through rate, which serves to make a breakdown of potential profits.
OTT SEO also comes with a few other monetization features. For example, by introducing a video link, you can assess revenues for that particular video. Unfortunately, I didn’t have much luck with this function; it seems it was malfunctioning at the time, or I wasn’t able to introduce the right format for video link.
Further Reading: The Best 15 Thumbnail Makers for YouTube
Plerdy offers a variety of web tools for users. Creators can use it to calculate various things for their brand, including CAC, ROI, NPS, and other relevant metrics. Besides your own website, these tools also work for various social media websites, including YouTube and TikTok.
Plerdy’s money calculator tool is nothing to write home about. It measures daily views and CPM to give you potential earnings over time. There are two sliders for each metric, which might be a bit confusing, and they measure exactly the same thing. So, the UI could’ve been a bit better.
Views4You is one of the more popular programs on this list. Like other tools, it provides accurate estimates for your YouTube earnings by reviewing daily views and CPM. Views4You shows you how much money you can earn each year and month.
However, the thing that separates it is the ULR assessment. I’ve used the software to analyze my own channel, and it provided me with a few valuable insights. The program breaks down YouTube partner earnings, total views, total subscribers, estimated sponsorship price, channel country, and creation date.
As such, this can be a powerful solution for competitive analysis.
Further Reading: 13 Script to Video AI Generators for Instant Video Creation
Next Steps
If I had to recommend some of the tools from the list, I would have to go with Influencer Marketing Hub, Kajabi, and Sellfy.
Influencer Marketing Hub is great because it allows you to assess the performance of the whole channel as well as individual videos. It also comes with a standard calculator. Kajabi, on the other hand, measures engagement level, video length, and niche profitability, making it more accurate. Sellfy is a solid option because it gives you a CPM range.
Have you tried any of these tools? Which ones provided the most value? Share it in the comments or on my social media!
Hero Photo by Kelly Sikkema on Unsplash
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