Two weeks after finishing my undergraduate education, I began medical school. After including books, various exams that would typically cost $1,000-$3,000 per test, and medical school tuition, my yearly education costs amounted to $45,000 per year.
Radio network time can be bought more efficiently, so let's say $1MM on radio, $300k on print, $250,000 on cheap inventory online banner ads, $500,000 on paid search engine marketing (assumes you have a website to point to). Again, all of this is per month.
Overall, the cost of producing a commercial can run from as little as $1,000 and upwards to hundreds of thousands of dollars. A more practical average could be from $3000 to $25,000. Following are some fundamentals about TV advertising costs.