Overview
Listmonk and EmailOctopus both serve budget-conscious email marketers, but with different tradeoffs. Listmonk is free but requires self-hosting. EmailOctopus is paid but managed and easy. Both reject the premium pricing of Mailchimp and focus on delivering value.
The Real Cost Comparison
Listmonk total cost: ~$15/month (VPS + SMTP). EmailOctopus at 10k: $45/month. Actual difference: ~$30/month.
The "free vs paid" framing is misleading. Listmonk has hidden costs. EmailOctopus is straightforward. At small scale, the savings are modest. At large scale (100k+ contacts), Listmonk's fixed costs create substantial savings.
Technical Reality
EmailOctopus: Create account, verify domain, start sending. Maybe 30 minutes to first campaign.
Listmonk: Install Docker, deploy container, configure PostgreSQL, set up SMTP provider, manage ongoing server maintenance.
If Docker is unfamiliar territory, EmailOctopus is the pragmatic choice. If you're comfortable with containers, Listmonk's savings are worth the effort.
Feature Comparison
EmailOctopus offers: email builder, basic automation, landing pages, A/B testing, forms, decent analytics.
Listmonk offers: campaigns, list management, HTML templates, basic analytics.
EmailOctopus has more features. Listmonk is deliberately minimal. Both are simpler than Mailchimp, but EmailOctopus offers more marketing tools.
Free Tier Comparison
EmailOctopus: 2,500 subscribers, 10,000 emails/month, limited features. Listmonk: Unlimited everything, but requires self-hosting.
For testing or very small lists, EmailOctopus's managed free tier is convenient. For unlimited free usage, Listmonk wins if you can self-host.
Automation Capabilities
EmailOctopus has basic automation. Drip sequences, simple triggers, nothing fancy. Good enough for welcome sequences.
Listmonk has zero automation. No sequences, no triggers, nothing. Just manual campaign sends.
If you need any automation at all, Listmonk isn't an option.
For Nonprofits
EmailOctopus offers 20% lifetime discount for nonprofits. Already the budget option, now 20% cheaper. Unless the nonprofit has technical staff comfortable with Docker, EmailOctopus makes sense.
For SaaS Companies
Neither is built for SaaS. No Stripe integration. Limited behavioral tracking. For subscription businesses needing payment-aware automation, consider Sequenzy. Similar cost to EmailOctopus with SaaS-specific features.
Making the Choice
Choose Listmonk if you're technical, want maximum savings, and only need basic newsletters. Choose EmailOctopus if you want affordability without self-hosting hassle. For SaaS companies needing subscription lifecycle features, consider Sequenzy.