How Much Does a Billboard Cost (+ Pricing & Ad Tips for 2024) (2024)

The average billboard cost in the US is $73,887 for a four-week campaign and varies based on ad format, circulation, demographics, and impressions. Plan to spend from $750 to $2,000 a month for physical billboard campaigns in rural areas, $1,500–$5,000 in small to midsize cities, and $14,000 and up in larger markets. Digital billboards can cost from $10 per seven-second spot to over $10,000, depending on the billboard’s location, ad duration, and frequency.

If your vision is big but your ad budget is small, try Blip Billboards’ self-serve digital billboard ads for as little as $10 a day. Your ad will display on a digital billboard for 7.5 to 10 seconds per “blip” based on your budget. Plus, with no long-term commitment, it’s risk-free to try.

Visit Blip Billboards

How Much Billboards Cost in the US

In the United States, how much a billboard costs is determined by the geographic market, out-of-home (OOH) rating, and whether it’s a physical or digital board. Physical billboards cost from $750 to $14,000 a month (or more, depending on the market). Digital billboards cost as low as $10 a day per 10-second “blip” with Blip Billboards, or for dedicated digital billboards, from $1,200 to over $15,000 per month.

Average Billboard Cost by State

Knowing how much billboard advertising costs will depend on the area you want to advertise in. States with larger markets, such as New York or California, will have much higher billboard prices than areas with smaller and more scattered populations, like Alaska or Kentucky. Click on the interactive map below to find out the average monthly billboard cost by state in 2024.

Note: The prices above are for May 2024; however, they can vary with time.

Billboard Advertising Costs in Representative US Cities at a Glance

Davenport, Iowa

Indianapolis, Indiana

Orlando, Florida

Phoenix, Arizona

Boston, Massachusetts

Los Angeles, California

Physical Billboard Cost per Month

$250–$10,500

$572–$118,867

$350–$154,560

$450–$247,658

$910–$204,960

$280–$322,000

Digital Billboard Cost per Month

$350–$10,500

$572–$118,867

$350–$154,560

$450–$247,658

$910–$204,960

$280–$322,000

Population (May 2024)

101,724

887,642

307,573

1,608,139

675,647

3,898,747

Data Sources: Billboardsin.com, Data.census.gov

Additional Billboard Expenses

Billboard rental costs aren’t the only expense that goes into how much a billboard costs. Before setting up your billboard, you’ll first need to design and print it. This means you’ll likely need to hire a graphic designer, partner with a billboard printing service, and purchase the materials you need—all of which will require additional costs. That’s why you’ll also need to factor in these expenses to know how much a billboard ad costs.

Here are the other expenses that factor into the overall cost of billboard advertising:

  • Design costs: Billboard design costs typically range from a $70 one-time fee with a Fiverr freelancer, or between $150 and $500 per hour, depending on if you choose a freelancer or a professional billboard design agency.
  • Materials costs: Vinyl is the standard material used for physical billboard ads, which costs around $1 to $1.50 per square foot.
  • Installation cost: This may be included in your monthly rental rate, but check with your provider to confirm.

Factors That Affect Billboard Advertising Costs

As with any other small business advertising strategy, billboard advertising rates are referenced in cost per mille (CPM), or cost per thousand impressions. These are affected by the billboard’s circulation, demographics, and impressions. Together, these factors inform its out-of-home (OOH) rating as determined by Geopath, an audience location measurement tool for outdoor advertising.

Here are the four factors that determine a billboard’s OOH rating:

  • Circulation: Circulation is the total volume of traffic that passes the billboard as derived from transportation authorities. The circulation does not take into account whether passersby see your ad.
  • Demographics: These are a breakdown by age, gender, and income level of people who typically pass a billboard. Expect to pay more to advertise in locations that reach people with higher income levels.
  • Visibility Research: This determines the likelihood that your billboard will be visible to people in the area. This is determined by eye-tracking analysis and the speed at which people pass by your billboard.
  • Reach and Frequency: Reach is the likely number of people who actually see your ad, based on the size and location of the billboard. Frequency is the number of times your ad is likely to be seen.

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Pros & Cons of Billboard Ads

Billboards can get your brand lots of exposure and communicate a simple, clear message. But on the flip side, they can also be expensive, difficult to read, and inflexible. Along with knowing how much billboards cost, below are some of the biggest pros and cons of billboard advertising to keep in mind before deciding if it’s the best option for your business.

PROSCONS
Potentially high exposureStatic location (unless using mobile billboards, such as vehicle-mounted ads)
Relatively low cost per impressionLong setup time and short exposure periods
Location targetingMeasuring effectiveness can be challenging
Effective for simple messagesCan be expensive
Reach a large, broad audienceNo engagement with users (unlike digital ads)

Traditional (Physical) Billboards vs Digital Billboards

Physical billboards have some advantages over digital billboard advertising. For example, physical billboard ads are often easier to set up because the infrastructure has existed for several decades in the US. Plus, printed advertisem*nts are not subject to glitches and power outages, unlike digital billboards.

On the other hand, digital billboards can be more effective as they are more dynamic, may be animated (and more attention-grabbing), and can be targeted based on time of day and more. Digital ads also provide small businesses on a budget with cheap billboard options.

Traditional Billboards

Digital Billboards

Typically less expensive per impression

More dynamic, which makes ads potentially more effective

More existing infrastructure

Better targeting with the ability to display ads during specific days or hours

Not subject to glitches

More flexibility as you can update and optimize ads quickly

Full ownership of the ad space for the entirety of your campaign

Lower entry-point cost for rotating billboard ads

Check out some examples of physical and digital billboards:

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Traditional physical billboards are great for reaching wide audiences in your local area. (Source: BillboardsIn)

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Mobile physical billboards are also available as a more dynamic option. (Source: Blue Line Media)

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Digital billboards like these are more dynamic and eye-catching, and often have a lower entry barrier for cost. (Source: Outfront)

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Digital billboards can also be displayed at scheduled times and dates. (Source: The Neuron)

Who Billboard Advertising Is Right for (+ Examples & How to Choose)

Billboard advertising can work well in many scenarios, from building brand awareness to generating interest in a cause. For example, if you’re a new business, you can leverage billboard advertising to build your brand presence regionally. In fact, billboards on highways that advertise local businesses are very actionable because audiences are already nearby.

In addition, billboards are a great way to promote brands that don’t necessarily need immediate conversions but want to generate leads, such as for a law or medical practice. If you’re still on the fence about whether or not billboard advertising is right for your business, consider the following questions:

  • Does your product pass the 8-second rule? If you can’t make your pitch in eight seconds, billboards are probably not the right channel. The non-animated, static nature of traditional billboards is also ineffective if your message requires interpretation.
  • Is your product relevant to a mass audience? If your product is only relevant to a small percentage of the population, you’ll waste a lot of money on “unnecessary” billboard impressions. For example, a distributor of vegan food products likely only appeals to the 4% of Americans who identify as vegan.

Pro tip: Thinking of more ways to advertise your business locally? Check out 27 local advertising ideas for small businesses.

The main benefit of billboard advertising is the ability to reach a large number of people within a specific geographical area. This is great for brand-new businesses or local businesses in general whose target audiences are very broad yet within one geographic area. For example, everyone eats, so restaurants are suitable for billboard advertising. Another example is professionals offering services in a local area, like landscapers or real estate agents.

Below are some other types of businesses that are most suitable for billboard advertising:

  • Restaurants
  • Retail stores
  • Real estate agents
  • Private doctors, dentists, veterinarians, etc.
  • Law firms
  • Financial institutions
  • Clinics
  • Fitness centers
  • Educational institutions
  • Professional sports teams
  • Home services (e.g., heating and oil, landscaping, construction)
  • Nonprofits and public service announcements

In contrast, because of their static location and nature, billboards aren’t a great option if you want to target specific audience demographics, like people of a certain age or income level. For these, digital advertising is better suited. Billboards are also mono-directional (i.e., not interactive like online ads), so they won’t be very effective if you want your audience to take a certain action, like sign up for a newsletter or follow your social media profiles.

Billboard Examples

Keep in mind that your billboard ads should fit not only your audience type, but also your marketing goal. Generally, billboards aren’t meant to convert buyers on the spot but to boost general awareness of a local business, service, or organization and to generate foot traffic. Below are examples of billboard ad designs that generate brand awareness and help drive web traffic or leads.

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Example of a physical billboard advertising a local restaurant (Source: Paradise Food Court, via Facebook).

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Keep your billboard ads’ messages short and simple, like this example of advertising a special new customer offer. (Source: Clear Channel Outdoor)

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Large brands can also drive brand awareness regionally with billboards. (Source: Virgin Atlantic via Pinterest)

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National brands can leverage billboards in metro areas to drive awareness and usage. (Source: Silky Szeto)

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Even iconic brands with household names use billboard ads to reinforce branding. (Source: Moroch)

Companies with household names like Coca-Cola don’t really need to advertise. And yet they still spend millions on advertising each year, including on billboards. This is because billboard ads are effective for keeping brand presence top-of-mind.

Meanwhile, small businesses typically use billboards to generate local awareness (e.g., to let you know that there’s some great restaurant in town or a new apartment complex coming soon). Alternatively, large companies often use billboards to stay top of mind, which helps generate more sales.

Pro tip: Thinking of how to design your billboard? Check out our list of 30 creative billboard design ideas and tips.

How to Choose a Billboard Location

A key factor in determining how much to rent a billboard is its location—in fact, it’s the most important consideration when choosing outdoor advertisem*nt. Factors that influence the effectiveness of a billboard include traffic speed, proximity of the sign to the road, and traveler destination. If you decide that a billboard is right for your business, evaluate several locations before choosing the one that will target the most potential customers.

Here are the factors to consider when choosing the best spot for your billboard:

  • Traffic speed: People are more likely to see your ad if they’re on a congested highway than on a train route where travelers pass at 40 mph. Therefore, you should choose a billboard located on a street with a low-speed limit or on a roadway susceptible to traffic congestion.
  • Proximity of the billboard to the road: The distance of a sign from the road affects how visible it is to passing drivers. For that reason, pick a location close enough to the road to be legible.
  • Traveler destination: Consider whether you’re advertising your business to locals or people just passing through town. Also, consider whether people are likely to visit your business on the way to or from work.

These details are generally available from the company selling the billboard space. However, it’s also a good idea to visit the location before committing to billboard advertising. Analyze where your customer base is coming from, and put the billboard exactly where they’re most likely to see it.

Pro Tip: Consider buying a physical billboard directly across from your competitors that draws attention to your brand’s point of difference or unique selling proposition. For example, the McDonald’s billboard below pokes fun at Starbucks’ sky-high prices.

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An example of a physical billboard capitalizing on brand differentiation (Source: SeattlePI)

Alternatively, you can research digital billboard locations regionally or nationally through providers like Blip Billboards. It has more than 2,000 billboards, you can search by state, and you can start with digital ads for as little as $10 per day per “blip.”

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A map of Blip Billboard’s digital billboard locations in the US (Source: Blip Billboards)

How to Rent a Physical Billboard Location

If you’ve already chosen a billboard location, note the advertising company next time you pass the sign. The company name is usually listed below the image on the structure itself. Some of the largest billboard companies in the US are Lamar, Clear Channel, and CBS Outdoor—but there are many local and regional providers too. How much a specific billboard will cost depends on the provider and location.

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A billboard for rent found on the highway by Lamar (Source: Lamar)

Frequently Asked Questions

On average, billboards in the United States cost $73,887 for a one-month campaign. However, this varies depending on location and billboard type. In less densely populated areas, physical billboard ad prices can start as low as $750 and go up to $2,000 per month. But in bigger cities, they can go upwards of $14,000—some even cost above $100,000. Meanwhile, digital billboards can cost as low as $10 per 10-second blip.

To rent a billboard, expect to pay between $750 and $14,000, depending on the billboard’s location. States with fewer populations and more rural areas like Maine and Montana will cost less, while larger and more densely populated ones like New York and California will be on the higher end. Things like printing, materials, and billboard setup will also be additional expenses.

Advertising on a billboard can be worth it if your objective is to raise brand awareness, especially to people in your local area. Billboards are an effective way to let many people in a locality know about your business and what it offers. Therefore, they’re particularly effective for businesses with a brick-and-mortar location, like restaurants, clinics, and law firms.

Bottom Line

Billboards are an excellent way to introduce your brand to broad audiences in a specific area and help generate leads. Determining how much a billboard costs depends on factors like your location, campaign length, and potential reach. In rural areas, vinyl billboard costs can start at just $750, while in large densely populated cities, they can go above $14,000. Meanwhile, digital billboards can cost $10,000 or more depending on the location.

Billboard costs can seem overwhelming, but they don’t have to be so complicated. Another option with the same effect but at more affordable prices is a digital billboard like Blip Billboards. These can play 10-second “blips” of your ad for as low as $10 a day and are overall a more cost-effective option we recommend for small businesses.

Visit Blip Billboards

How Much Does a Billboard Cost (+ Pricing & Ad Tips for 2024) (2024)

FAQs

How Much Does a Billboard Cost (+ Pricing & Ad Tips for 2024)? ›

The average billboard cost in the US is $73,887 for a four-week campaign and varies based on ad format, circulation, demographics, and impressions. Plan to spend from $750 to $2,000 a month for physical billboard campaigns in rural areas, $1,500–$5,000 in small to midsize cities, and $14,000 and up in larger markets.

How much does a billboard cost pricing and advertising tips? ›

The cost of a billboard depends on the type, size, location, and length of time it will be displayed. Static billboards range from $250 to $4,000 per month, while digital billboards can cost up to $20,000 per month. Mobile billboards typically cost between $3,500 and $5,000 per month.

How much does it cost to be on billboard? ›

Typical Billboard costs can vary widely depending on the market. For example, in the U.S., a standard 14' x 48' Billboard in a metropolitan area averages from approximately $2,000 to $20,000 per 4-week period.

Are billboards effective in 2024? ›

Key Takeaways. Billboard advertising in 2024 remains a potent element of the advertising ecosystem. Its ability to adapt and integrate with digital innovations, coupled with its intrinsic benefits of high visibility and strategic placement, ensures that it continues to deliver value.

How much does a billboard cost per view? ›

The typical billboard sells for a CPM, or cost per thousand impressions, of $5.21, according to PJ SOLOMON. A freeway billboard that gets 400,000 impressions in a 4-week period will be priced at $2,000/period. A billboard on a country road with only 30,000 impressions a month will rent for only $600/period.

Is advertising with the billboard worth it? ›

#1 Billboards Are Eye-Catching & Effective

According to the Out of Home Advertising Association of America, OOH advertising methods—including billboards—are between 38% and 86% effective at provoking a consumer response. Meanwhile, digital forms of OOH—including digital billboards—are between 46% and 84% effective.

Can you negotiate billboard prices? ›

Due to the extremely long term nature of billboard leases, property owners often get to negotiate one or two times each lease in their lifetimes.

What 4 states banned billboards? ›

Four states prohibit all billboards: Maine, Vermont, Alaska and Hawaii. Larger cities with prohibitions on new billboards include Houston, Los Angeles, St. Paul and Kansas City. Scenic America estimates thousands of communities around the country prohibit construction of new billboards.

Do billboards work anymore? ›

Although many other forms of advertising are often given precedence, like blogging, online social media advertisem*nts and SEO, billboard advertising is not yet obsolete and can still be an effective way to advertise.

How long do billboards last? ›

In general, billboard advertisem*nts typically stay up for at least four weeks, but most campaigns last several months. For example, a business that is looking to run a branding campaign to establish consumer awareness and brand recognition is likely to leave their billboard advertisem*nts up for six to twelve months.

What is the ROI of owning a billboard? ›

Outdoor Advertising ROI Statistics

Billboards have an astounding 497% return on investment, according to the Out of Home Advertising Association of America (OAAA). Billboard advertisers see a return of $6 for every $1 they spend on advertising, that same study found. OOH isn't just great alone.

What is a good CPM for billboards? ›

An average billboard CPM, for example, is around $5 : quite the steal compared to other marketing efforts. While CPM is an important advertising budget metric, it's only one of several methods that an advertiser can use to price their ad space.

Do you have to pay to be on a billboard? ›

How much does it cost to advertise on digital billboards? The cost to advertise on digital billboards can vary depending on the location, but you should expect to pay between $1,200 and $15,000 per month.

How much do you get paid to put up billboards? ›

$32,500 is the 25th percentile. Salaries below this are outliers. $38,000 is the 75th percentile.

How much does advertising cost? ›

Digital advertising costs $100 – $10,000 per month, $0.11 – $0.50 per click, and $0.51 – $1 per 1000 impressions for PPC ads, and $0.01 – $0.50 per click and $0.01 – $8 per 1000 impressions for social media ads on average.

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