The invention relates to a low-temperature co-fired ceramic dielectric material and a preparation method thereof. The LTCC dielectric material comprises an oxide dielectric material having a high sintering temperature and an oxide activator, and the LTCC dielectric material concretely comprises 1-20 wt% of the oxide activator, and the balance of the oxide dielectric material having the high sintering temperature; the oxide dielectric material with the high sintering temperature is an oxide of M, wherein M is at least one of Mg, Al, Ti, Ca, Zr, Nd, MgTi, MgAl, CaTi and NdAl; and the oxide activator comprises an oxide of A and an oxide of B, A is at least one of Zn, Cu, Mn, Sn, Fe, Co and Ni, B is at least one of V, Nb, Ta, Ti and Si, and the mass of the oxide of A is 10-100% of the total mass of the oxide activator.