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Ghost vs Substack

Side by side on the dimensions that decide it. The 8020 Score already weighs these — this is the receipts.

Ghost
Ghost
Newsletters
68/100
8020 PickSubstack
Substack
Newsletters
96/100
TierSituationalEssential
Value for money65
99
Depth & power72
99
Time to results70
99
Ecosystem71
99
Free tierYesYes
Starting priceCustomCustom
Pricing modelopen-sourcefree
Integrations65
View profileView profile
TL
The bottom line

Substack takes the 8020 pick on the composite score (96 vs 68). Ghost remains a credible choice when its specific strengths match your situation — the breakdown below explains where each one earns its tier.

The breakdown

Ghost or Substack — how to choose.

Ghost and Substack both sit in the newsletters category, which is the first thing to note about this comparison: the head-to-head is about which tool earns the seat. On the 8020 rubric, Substack scores 96 against Ghost at 68. The gap is meaningful on some dimensions and narrow on others — the rest of this page explains exactly where.

What's the real difference between Ghost and Substack?

Ghost is built for technical publishers who want full platform control. Substack is built for independent writers. The tools overlap on surface features but diverge on the workflow each is designed around — Ghost optimises for open-source codebase — self-host for free or use ghost pro managed hosting, while Substack optimises for free publishing with no monthly fee — substack takes 10% of paid subscription revenue.

Ghost's positioning: Ghost is the only newsletter platform that is simultaneously open-source, takes 0% of revenue, and provides enterprise-grade SEO controls — making it the correct choice for publications where search traffic and platform independence are both priorities.

Substack's positioning: Substack's reader network and recommendation engine give new writers an organic discovery path — no other newsletter platform has a built-in reader app with social following at this scale.

The 8020 rubric weighs four things — value for money (30%), depth and power (30%), time to results (25%), and ecosystem (15%). Ghost scores 65/72/70/71 on those dimensions; Substack scores 99/99/99/99. The biggest spread is on value for money — see the table above.

When should you pick Ghost?

Pick Ghost when technical publishers who want full platform control is the job that has to be done well. Its free tier covers technical publishers who want full platform control without a credit card, and the 8020 Score of 68 reflects how well it executes against its rubric.

Ghost is the right call when:

  • Technical publishers who want full platform control.
  • SEO-focused bloggers adding memberships.
  • Publications migrating away from WordPress with a paid audience.
  • You want to evaluate it before committing budget — the free tier is real, not a teaser.
  • Your stack already includes one of the 6 platforms it integrates with.

Ghost's standout capabilities — verified per the vendor's published specs (May 2026) — include open-source codebase — self-host for free or use ghost pro managed hosting, built-in membership and subscription layer with stripe processing, custom theme system with full html/css/handlebars control. These are the features that earn the Situational tier on the rubric.

When should you pick Substack?

Pick Substack when independent writers is the job that has to be done well. Its free tier covers independent writers without a credit card, and the 8020 Score of 96 reflects how well it executes against its rubric.

Substack is the right call when:

  • Independent writers.
  • Journalists going solo.
  • Creators with a strong personal brand.
  • You want to evaluate it before committing budget — the free tier is real, not a teaser.
  • Your stack already includes one of the 5 platforms it integrates with.

Substack's standout capabilities — verified per the vendor's published specs (May 2026) — include free publishing with no monthly fee — substack takes 10% of paid subscription revenue, built-in paid subscription layer powered by stripe, reader app for ios and android with social discovery and recommendations. These are the features that earn the Essential tier on the rubric.

How much do Ghost and Substack cost?

Ghost starts at custom enterprise pricing on a open-source model. Substack starts at custom enterprise pricing on a free model. The two are priced comparably. Pricing verified May 2026.

Ghost: Free tier available. Lowest paid plan: Custom. Pricing model: open-source. Substack: Free tier available. Lowest paid plan: Custom. Pricing model: free.

Entry pricing only tells you where the meter starts. Real spend scales with seats, usage limits, and the plan tier where the features you actually need become available. Check each vendor's pricing page for the tier that matches your team size — and verify it matches our last-verified date before signing.

Ghost — strengths and trade-offs

What Ghost does well, where it falls short. Both lists draw from our hands-on testing against the Situational criteria. The full review is on the Ghost profile.

Strengths
  • Full control over design, hosting, and data — no platform lock-in
  • Best technical SEO of any newsletter platform — custom meta, sitemaps, and schema built in
  • Takes 0% of subscription revenue; you only pay Stripe's 2.9% plus $0.30
  • Open-source means the platform cannot be acquired and changed against your interests
Trade-offs
  • Setup complexity is real — self-hosting requires server administration knowledge
  • No built-in audience discovery — Ghost has no reader network or recommendation engine
  • Theme customization requires Handlebars knowledge, not beginner-friendly
  • Ghost Pro managed hosting is more expensive than Beehiiv at equivalent subscriber counts

Substack — strengths and trade-offs

What Substack does well, where it falls short. Both lists draw from our hands-on testing against the Essential criteria. The full review is on the Substack profile.

Strengths
  • Zero upfront cost — no monthly fee until you earn money
  • Distribution network built in — Substack's recommendation engine surfaces new writers
  • One login covers newsletter, podcast, and video for paid subscribers
  • Readers already have Substack accounts and credit cards saved, lowering upgrade friction
Trade-offs
  • 10% revenue share becomes expensive at scale — a $500K ARR newsletter pays $50K/year to Substack
  • No custom domain on free tier without paying a $50/year flat fee
  • Email design and customization are minimal compared to Kit or Ghost
  • Analytics are thin — no heatmaps, no click-maps, no A/B testing

What are the alternatives to Ghost and Substack?

If neither Ghost nor Substack is the right fit, the closest alternatives are the other tools in the newsletters category. Both lists are ranked by 8020 Score — start with the top of the relevant category and work down.

Ghost alternatives we cover: Beehiiv, Substack, WordPress.

Substack alternatives we cover: Beehiiv, Ghost.

Frequently asked questions

Is Ghost or Substack better overall?

Neither is strictly better — they serve different jobs. Substack takes the 8020 composite (96 vs 68) on the rubric, while Ghost earns its tier (Situational) when its specific strengths match your situation. The decision turns on the four dimensions in the table above.

How much do Ghost and Substack cost?

Ghost starts at custom enterprise pricing on a open-source model; Substack starts at custom enterprise pricing on a free model. Ghost has a free tier; Substack has a free tier. Pricing verified May 2026.

Does Ghost integrate with the same tools as Substack?

Ghost lists 6 verified integrations in our directory; Substack lists 5. Both connect to the major platforms most teams already use. Specific integration availability depends on plan tier — see each tool profile for the full integration list.

Can Ghost replace Substack?

Only if your use case maps to Ghost's strengths. Ghost is the only newsletter platform that is simultaneously open-source, takes 0% of revenue, and provides enterprise-grade SEO controls — making it the correct choice for publica… If Substack's specific job is your primary need, it earns its seat.

Which has the better free tier, Ghost or Substack?

Both Ghost and Substack ship a free tier. Ghost's free tier suits technical publishers who want full platform control; Substack's suits independent writers. Specific limits are listed on each vendor's pricing page.