An extensive evaluation of low‐cost dust sensors was performed using an exponentially decaying particle concentration. A total of 264 sensors including 27 sensors with light‐emitting diodes (LEDs) and 237 sensors with laser lighting sources were tested. Those tested sensors were classified into 4 groups based on the deviation from the reference data obtained by a reference instrument. The response linearities of all the tested samples for PM1, PM2.5, and PM10 were in excellent agreement with the reference instrument, except a few samples. For the measurements of PM1 and PM2.5, the lighting source, that is, LED or laser, did not show any significant difference in overall sensor performance. However, LED‐based sensors did not perform well for PM10 measurements. The 32, 24, and 16% of all the tested sensors for PM1, PM2.5, and PM10 measurement, respectively, are in the category of Class 1 (reference instrument reading ± 20%) requirement. The performance of the low‐cost dust sensors for PM10 measurement was relatively less satisfactory.