The average price Instagram influencers are paid for sponsored posts has been $1,643 in 2019, up from $1,144 in 2018, says a study from marketing firm Izea (Amanda Perelli/Business Insider)

Amanda Perelli / Business Insider:
The average price Instagram influencers are paid for sponsored posts has been $1,643 in 2019, up from $1,144 in 2018, says a study from marketing firm Izea  —  - The average cost of sponsored content on social media has increased as influencers have become more valuable to brands.