Sponsored Job budgets on Indeed average between $5 and $15 per day, but the ideal daily budget depends on the type of job you are offering, the location of the job and how quickly you need to fill the position. Do you have 60 days to hire or do you need someone next week? Does the job require common skills that many candidates would have or are you looking for particular qualifications and specialized skills? Indeed gives you the flexibility to choose how much you want to spend to find the right candidates within your timeframe.
If you want more applications, you can increase your budget. If you are getting too many applications, you can reduce your budget or stop sponsoring altogether.