With Super Tuesday now behind us, we wanted to return once again to the question of how much each active candidate has spent per delegate earned. As of our last update, Ron Paul was still dominating as the candidate getting the least number of delegates per dollar spent, paying around $1.8 million per delegate compared to the runner-up Gingrich’s $941,000. But have things changed after Tuesday’s primaries?
The following chart compares the four GOP candidates on the total amount of money raised/spent as of February 31, 2012. (Unfortunately, newer numbers are not available at this time). These figures include revenues/expenditures by the campaigns and the Super PACs that support the campaigns. The delegate count comes from here (accessed 3/7/12).
| Candidate | Money Raised | Money Spent | Delegates | Overall Cost per Delegate |
| Newt Gingrich | $31,500,000 | $27,300,000 | 105 | $260,000 |
| Ron Paul | $34,700,000 | $32,800,000 | 47 | $697,872 |
| Mitt Romney | $100,400,000 | $63,900,000 | 415 | $153,976 |
| Rick Santorum | $9,700,000 | $7,600,000 | 176 | $43,182 |
The bad news for the Paul campaign is that their candidate is still at the top of the list in terms of spending the most and getting the least. The good news, however, is that things are getting better: on February 1, each delegate cost Paul around $3 million, compared to ‘only’ $697,823 today. And once again, the Santorum campaign — at $43,182 per delegate — is gaining the most amount of delegates for the least amount of money.
We’ll continue monitoring this race for #1, and, as always, we’re interested in what you have to say: Join the discussion below or let us know via Facebook or Twitter.


