The Cost of CBD, Plus the Best Affordable CBD Oils

Cornbread Hemp Whole Flower CBD Oil is our top pick for overall value

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CBD Oil Made From Marijuana In Vials . cbd-cost
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Cannabidiol (CBD) offers certain therapeutic benefits, such as pain relief, stress relief, and sleep assistance. As the notoriety of CBD has grown over the last couple of years, so has its price. Because CBD oils vary greatly in effectiveness and quality, they also vary in price. However, a high price tag doesn't necessarily translate to a quality product. There are some great affordable options out there.

To help you find those options, Ashley Jordan Ferira, PhD, RDN, Medical Advisor of Health & Wellness Strategy at Remedy Review, a CBD reviews site, compared the prices of popular CBD oil brands on the market—including Medterra, cbdMD, and Naternal—to pinpoint the average cost of CBD oil. Using this information, we created a list of the best affordable CBD oils on the market today.

What Are the Best Affordable CBD Oils?

How Much Does CBD Oil Cost?

To determine the value, or cost per milligram of a CBD oil, divide the price of the product by the total mg of CBD. For example, a bottle of CBD oil that costs $120 and contains a total of 2,400 mg of CBD costs $0.05 per mg.

The price of a CBD tincture can vary across brands, but the average cost tends to land somewhere between $0.05 to $0.20 per mg of CBD. If you're paying more than 20 cents per mg of CBD, you're likely overpaying.

The Best Value CBD Oils

The average prices of some leading brands are similar, but a few clear leaders emerge when we talk about value. Below, we've highlighted the most cost-efficient products from top brands to help you get the most for your money.

Cornbread Hemp Whole Flower CBD Oil

Cornbread Hemp Whole Flower CBD Oil
cornbreadhemp.com

Not only is Cornbread Hemp's CBD oil under $40, but it also contains a unique "flower-only" hemp extract. By taking out the stalks and the leaves, the brand is left with a purer CBD formula that reviewers recommend taking before bed. It comes in two strengths, starting at 25 milligrams of CBD per serving

Charlotte's Web CBD Oil

Charlotte's Web Everyday Plus CBD Oil
charlottesweb.com

This CBD tincture from Charlotte's Web is a great place to start for individuals who are trying CBD for the first time. It contains 17 milligrams of full-spectrum CBD per serving, providing the full benefits of hemp extract in a milder dose. It's also available in four different flavors: mint chocolate, lemon twist, orange blossom, and natural olive oil.

R+R Medicinals CBD Tincture

R+R Medicinals CBD Tincture
R+R Medicinals

R+R Medicinals CBD oil is made from USDA organic Colorado-grown hemp. It offers a high concentration of natural compounds at a great value. The 1000-milligram option contains 33.33 milligrams of CBD per serving and over 4 milligrams of minor cannabinoids like CBC, CBN, CBG, and THC.

CBDistillery Relief + Relax CBD Oil

CBDistillery Full Spectrum CBD Oil
thecbdistillery.com

CBDistillery's Relief + Relax formula is available in a variety of strengths to appeal to a wide range of people. The 500-milligram option has 17 milligrams of full-spectrum CBD per serving and costs less than similar concentrations from other brands.

Joy Organics Broad-Spectrum CBD Oil

Joy Organics Broad Spectrum CBD Oil
joyorganics.com

If you're looking for an affordable broad-spectrum CBD oil, Joy Organics's tincture is hard to beat. It's USDA organic, cruelty-free, and available in four different strengths, including a starter strength of 15 milligrams of CBD per serving.

Naternal Full-Spectrum CBD Oil

CBD OIL
Naternal

Each 1-milliliter serving of this full-spectrum product from Naternal contains 40 milligrams of cannabinoids, including CBD and trace amounts of THC (less than 0.3% by law), terpenes, and other cannabinoids from the cannabis plant, a.k.a. hemp.

Medterra CBD Isolate Tincture

Medterra No THC CBD
medterracbd.com

This THC-free 500-milligram CBD oil tincture from Medterra provides 16 mg of CBD in each 1-milliliter serving. As a CBD isolate product, it contains zero THC or any secondary cannabinoids.

cbdMD Premium Broad Spectrum CBD Oil

cbdMD BS Oil
cbdmd.com

This moderate-strength 300-milligram product from cbdMD is THC-free and delivers 10 milligrams of cannabinoids (including CBD) in each 1-milliliter serving. It's available in natural, berry, and orange flavors and is a good option for those new to CBD.

CBD Oil Price Comparison

In the price comparison below, you can see the average cost per mg of CBD for 10 brands, organized from lowest (i.e. best value) to highest cost.

  • Naternal
  • Average cost per mg CBD: $0.03
  • CBD oil price range: $30–$60
  • R+R Medicinals
  • Average cost per mg CBD: $0.05
  • CBD oil price range: $30–$100
  • Medterra
  • Average cost per mg CBD: $0.06
  • CBD oil price range: $40–$200
  • cbdMD
  • Average cost per mg CBD: $0.06
  • CBD oil price range: $15-$180
  • CBDistillery
  • Average cost per mg CBD: $0.07
  • CBD oil price range: $45–$260
  • Joy Organics
  • Average cost per mg CBD: $0.08
  • CBD oil price range: $45–$130
  • Cornbread Hemp
  • Average cost per mg CBD: $0.08
  • CBD oil price range: $35–$100
  • Charlotte's Web
  • Average cost per mg CBD: %0.08
  • CBD oil price range: $25-$275
  • FAB CBD
  • Average cost per mg CBD: $0.09
  • CBD oil price range: $39–$129
  • SEABEDEE
  • Average cost per mg CBD: $0.10
  • CBD oil price range: $58–$185

Why Do People Pay So Much for CBD Oil?

The main draw of CBD products stems from the compound's many potential health benefits. People buy CBD products to help with inflammation and pain, anxiety and stress, and sleep quality. This is not a full list, but it does encompass some of the most common reasons people turn to CBD. Additionally, while CBD oil can produce negative side effects, these can be best avoided by proper dosage and administration.

It's also worth noting that while many people enjoy using CBD oil as a part of their wellness routine, the Food and Drug Administration has only approved one CBD-based drug, known as Epidiolex. This means that mainstream hemp products, like CBD tinctures, have not been evaluated by the FDA and are not intended to treat any disease. If you have a serious medical condition or take prescription medications, consult with your physician before buying CBD oil.

Factors That Affect CBD Oil Prices

CBD oil seems like a pricier wellness supplement, but there's a reason. Many additional manufacturing and quality control practices go into creating a trustworthy CBD oil that other dietary supplements do not require. Some factors that affect how much CBD oil costs include:

Hemp Origin

The origin of the hemp plant matters, and the best CBD companies source their industrial hemp from domestic farms. The most recent Farm Bill laws regulate standards for U.S. hemp cultivation, so American-grown hemp is the safest option for quality CBD oil. Organically or ethically-grown hemp will cost more as well, especially USDA-certified organic hemp that is more costly to grow.

Strength and Type of CBD Extract

While products with higher strengths or concentrations of CBD are more expensive, they also have better value. This is because they have a lower cost per mg of CBD. Similar to buying toilet paper in bulk to save money, you can save money in the long run if you opt for a strong CBD oil that will last for a longer period of time than less potent options.

The type of CBD product can affect the price as well. For example, a full-spectrum product may be priced differently than a CBD isolate or broad-spectrum product that has gone through additional distillation and purification processes to filter out plant compounds like THC (tetrahydrocannabinol). THC-free CBD oils are a good option for anyone who submits to regular drug testing, but full-spectrum CBD products may elicit an entourage effect that may be more effective in terms of elevating your general health and wellness.

Third-party Testing

Whether you're buying CBD oils online or in-store, third-party lab testing is a must for all hemp-derived products. This process isn't cheap, and more in-depth testing can cost more (which leads to a more costly end product). However, this external testing provides greater evidence of quality, safety, and transparency for the brand and its products.

Premium Ingredients

Some CBD oil tinctures may contain premium ingredients like a USDA-certified organic MCT coconut oil or all-natural flavorings that can increase the price of the product. If you're set on purchasing a truly organic CBD oil, the extra cost may be worth it.

Promotional Discounts

Lastly, and perhaps the most obvious, a factor affecting the price of CBD oil is discounts or coupons that may lower the overall cost of an order. Many of the CBD brands listed above offer first-time buyer discounts, as well as subscription or bundle-and-save options that can cut the price of CBD oil significantly.

Frequently Asked Questions

Is CBD Oil Worth the Cost?

Each person has to decide what self-care products are of value to them. Many
consumers are flocking to CBD for its potential health benefits as a reason to pay the price tag.

If you're in the market for an all-natural plant extract to help with inflammation, anxiety, pain or stress relief, or improved sleep, CBD oil may be worth a try. And you can still shop for high-quality products without breaking the bank.


Does CBD Oil Show Up on a Drug Test?

In theory, CBD should not show up on a drug test. However, drug tests check for tetrahydrocannabinol (THC). CBD products are typically THC-free but can contain 0.3% of THC by law. In some people, that may be enough to yield a positive drug test result. THC could also make its way into CBD products due to contamination in the harvesting and refinement process. Choosing products that have been third-party tested can help prevent this.

Is There a Difference Between Hemp Oil and CBD?

Hemp seed oil and CBD oil come from the same cannabis plant but are not the same thing. CBD oil comes from the flowers, leaves, and stems which have a higher concentration of CBD. Hemp oil is made from the seeds of the plant which do not contain CBD.

Does Insurance Pay For CBD Oil?

Despite its popularity, Medicare and private health insurance companies do not cover the costs of CBD oil or other CBD products, even with a prescription drug plan. The primary reason CBD oil isn't covered by insurance is that other than Epidiolex, the products are not approved by the FDA—just like dietary supplements.

What Type of CBD Is the Most Effective?

Full-spectrum CBD is thought to be the most effective because it contains all of the extracts naturally found in the cannabis plant. Although not proven, it is thought that these compounds work together synergistically to provide the maximum benefit.

Methodology

We reviewed products based on factors such as hemp origin, type of CBD, strength, key ingredients, cost, and third-party testing to select brands that provide a quality product and value at a reasonable price. We only considered products sourced from the U.S. since there are required standards for hemp cultivation to help ensure the safety and quality of the CBD oil.

Ashley Jordan Ferira, PhD, RDN is the Senior Editor of Health & Wellness Strategy at Remedy Review, an independent CBD reviews site. Dr. Ferira completed her PhD in Foods & Nutrition at The University of Georgia, where she researched the role of vitamin D in pediatric cardiometabolic disease. The products featured in this article were tested at ProVerde Laboratories in Milford, MA and Avazyme, Inc. in Durham, NC.

This content is for informational purposes only and does not constitute medical advice; it is not intended to be a substitute for professional medical advice, diagnosis, or treatment. Always seek the advice of a physician or other qualified health provider with any questions you may have regarding a medical condition and before consuming or using any of the products mentioned on this site.

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Sources
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