Let us not soften the comparison, because softening it is how founders end up confused. Per click, LinkedIn is genuinely a multiple of everything else. WebFX puts LinkedIn cost-per-click at $2 to $3 and up, against Facebook's $0.26 to $0.50 and Google's $0.11 to $0.50. That is not a rounding difference. On a pure per-click basis LinkedIn is four to ten times dearer than the platforms a founder is most likely to compare it against, and pretending otherwise insults anyone who has read their own dashboard.
The honest conclusion
So yes, LinkedIn costs more per click than every other channel, and no, that is not the disqualifier it looks like. The premium buys filtering precision the other platforms make you pay for in waste, and a real slice of the premium is a quality score you control rather than a fee you accept. The per-click number is true and it is the wrong place to end the analysis. The next chapter shows you exactly how far down the ladder the real answer lives.