CBD has become increasingly popular over recent years. And with good reason, with people reporting that CBD can help with symptoms of depression, anxiety, insomnia, muscle tightness, and more. 

While this may sound like a miracle cure, the price can seem steep. With so many discrepancies across different companies and products, it’s hard to pin down how much CBD actually costs, and what causes these changes in price. 

If you’ve been asking yourself ‘how much does CBD cost?’ and want to find out more, keep on reading.

How Much Does CBD Cost?

To really figure out how much CBD costs, you have to look at the cost per milligram of CBD. This calculation ignores all other factors, including the size, additional ingredients, and the type of product. 

Due to CBD being so popular at the moment, you have to factor in the pricing peak as well. Using this calculation, the average CBD cost will be anywhere from $0.04 to $3 for every milligram. Remember, this is per milligram of actual CBD.

If you find yourself paying a lot more than this average for your CBD, chances are you’re overpaying, regardless of what CBD product you’re buying.

What Factors Into This Cost?

So, now we know the cost of CBD, why do average CBD prices seem to vary so greatly? There are a number of factors that make CBD products so different from one another. 

Potency

The potency of your CBD will affect the price. As we’ve discussed, the more CBD in a product, the more this will cost. Choosing the potency of your CBD product is a personal choice – for some, a higher dosage is needed to reap the benefits of CBD that they’re looking for. 

Testing

Third-party testing will have an impact on how much your CBD product is going to cost you. It will drive the prices up but is an important process in making sure your CBD product is completely safe and lab-tested.

Hemp Source

If the hemp used in a CBD product is organic, this will also drive the cost up. The more organic your hemp – and pesticide and GMO-free – the more expensive it will be. 

You also have to factor in any additional flavorings. Many CBD products will include peppermint or lemon extract to take away from the natural bitterness of CBD. 

As with any product, do your own research to figure out what you want to get out of your CBD. You can buy CBD oils here to find your perfect CBD product.

The Verdict  

When it comes to the question of ‘how much does CBD cost?’, the answers will inevitably vary. Most important is that you are not overpaying for the actual milligrams of CBD in your products. Anything on top of that is your call.

To take advantage of all of the wonderful benefits CBD has to offer, start by browsing through trusted CBD sites and finding your favorite. Good luck!