Skip to main content
Email Marketing

Mailgun vs Substack: Pricing Comparison 2026

Side-by-side pricing comparison of Mailgun and Substack. See all plans, features, and costs at a glance.

Bottom line: Substack starts at $5/mo, making it $10/mo cheaper than Mailgun ($15/mo). Mailgun offers a free plan.

Last updated: March 16, 2026

Data compiled by Arthur Jacquemin
Updated March 16, 2026

Mailgun vs Substack: Quick Pricing Facts

FeatureMailgunSubstack
Starting Price$15/mo$5/mo
Number of Plans147
Free TierYesYes
Pricing Modelusage-basedusage-based
Annual DiscountN/AN/A

Substack is the more affordable option, starting at $5/mo compared to Mailgun's $15/mo. Both are Email Marketing tools with 21 combined pricing plans and 22 features compared.

Both tools offer free plans, making them accessible for teams on a budget.

Review the detailed tier-by-tier comparison above to see exactly which features are included at each price point and find the best fit for your Email Marketing needs.

Pricing Plans
Substack
Substack
Try it free
Tier 1
Enterprise: Send high-volume emails through the most reliable email API provider.
Custom pricing
Start with Enterprise: Send high-volume emails through the most reliable email API provider.
Free
$0/monthCheapest
Includes
  • Set up paid subscriptions
  • Keep 90% of revenue
  • Own your content
  • Choose free or paid posts
Start with Free
Tier 2
Documentation: API resources to help you use Mailgun
Custom pricing
Start with Documentation: API resources to help you use Mailgun
Basic
$5/monthCheapest
$5 / year
Includes
  • Earn from 50 subscribers
  • Keep 90% of revenue
  • Direct payments from subscribers
Start with Basic
Tier 3
Release Notes: Keep up with what's in the Mailgun platform.
Custom pricing
Start with Release Notes: Keep up with what's in the Mailgun platform.
Standard
$7/monthCheapest
$7 / year
Includes
  • Earn from 100 subscribers
  • Keep 90% of revenue
  • Direct payments from subscribers
Start with Standard
Tier 4
2025 State of Email Deliverability Research Report
$2025/month
Start with 2025 State of Email Deliverability Research Report
Advanced
$10/monthCheapest
$10 / year
Includes
  • Earn from 200 subscribers
  • Keep 90% of revenue
  • Direct payments from subscribers
Start with Advanced
Tier 5
$0/mo
$0/monthCheapest
Start with $0/mo
Pro
$15/month
$15 / year
Includes
  • Earn from 400 subscribers
  • Keep 90% of revenue
  • Direct payments from subscribers
Start with Pro
Tier 6
100 emails/day included
$100/month
Start with 100 emails/day included
Premium
$30/monthCheapest
$30 / year
Includes
  • Earn from 800 subscribers
  • Keep 90% of revenue
  • Direct payments from subscribers
Start with Premium
Tier 7
$15/mo
$15/monthCheapest
Start with $15/mo
Enterprise
$75/month
$75 / year
Includes
  • Earn from 2000 subscribers
  • Keep 90% of revenue
  • Direct payments from subscribers
Start with Enterprise
Tier 8
10,000 emails/mo included
$10000/monthCheapest
Start with 10,000 emails/mo included
Tier 9
Extra emails
Custom pricing
Start with Extra emails
Tier 10
$35/mo
$35/monthCheapest
Start with $35/mo
Tier 11
50,000 emails/mo included
$50000/monthCheapest
Start with 50,000 emails/mo included
Tier 12
Extra emails & validations
Custom pricing
Start with Extra emails & validations
Tier 13
$90/mo
$90/monthCheapest
Start with $90/mo
Tier 14
100,000 emails/mo included
$100000/monthCheapest
Start with 100,000 emails/mo included

Swipe to compare plans →

Mailgun

Transactional email API for developers with deliverability tools

View all Mailgun plans

Substack

Newsletter and publishing platform with paid subscriptions (10% cut)

View all Substack plans
Our Pick

Substack

Substack offers a free plan, starts at $10/mo lower ($5/mo vs $15/mo).

Based on pricing data only. Review the full comparison below for your specific needs.

Best value: Substack

Try Substack free

Which Should You Choose?

Choose Mailgun if:

  • You prefer Mailgun's free tier features—features
  • You need 14 pricing tiers for flexible team sizing—more options mean less overpaying for features you don't need
  • Your team needs custom enterprise pricing—Mailgun offers negotiated terms for large deployments

Choose Substack if:

  • You want lower per-user costs—Substack starts at $5/mo, saving $10/mo compared to Mailgun at $15/mo
  • You prefer Substack's free tier features—Set up paid subscriptions, Keep 90% of revenue
  • You want more features built-in—Substack offers 22 additional features across its plans

Both Mailgun and Substack offer free plans [1], eliminating cost barriers for evaluation. This means you can test both tools thoroughly with your actual workflows before any financial commitment. The free tiers differ in scope: Mailgun includes multiple features, while Substack includes 4 features. Evaluate which free tier matches your evaluation needs before deciding to upgrade. Your best approach is to activate both free trials and evaluate which tool's workflow, integrations, and user experience align better with your team's needs before committing to paid plans.

ShareShare

Frequently Asked Questions: Mailgun vs Substack

Which is cheaper, Mailgun or Substack?
As of March 2026, Substack starts at a lower price point. Mailgun starts at $15/mo while Substack starts at $5/mo. However, the best value depends on the features you need at each tier.
How many pricing plans does Mailgun have vs Substack?
Mailgun offers 14 pricing plans, while Substack offers 7 plans. More plans typically means more flexibility to match your exact needs and budget.
Does Mailgun or Substack offer a free plan?
Yes, both Mailgun and Substack offer free plans. Compare the feature limits of each free tier to see which better fits your use case before upgrading.
Can I save money by paying annually for Mailgun or Substack?
Both Mailgun and Substack offer annual billing options. Check each plan's yearly pricing for potential savings compared to monthly billing.
Does Mailgun or Substack offer custom enterprise pricing?
Mailgun offers a custom-priced enterprise tier for larger teams. Substack lists all its pricing publicly.
How do Mailgun and Substack compare for Email Marketing?
Both Mailgun and Substack are Email Marketing tools. Mailgun offers 14 plans starting at $15/mo, while Substack offers 7 plans starting at $5/mo. Review the feature breakdowns above to see which better fits your Email Marketing needs.

Sources

  1. Mailgun Official PricingVendor pricing page
  2. Substack Official PricingVendor pricing page

Related Articles

Track Price Changes

Get notified when pricing changes for these tools.