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Facebook Ads Cost Per App Install Benchmarks for Finance in Canada

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Cost Per App Install for Finance in Canada

October 2024 - October 2025

Insights

Detailed observation of presented data

Facebook Ads cost-per-app-install benchmarks: September 2024–September 2025

This analysis looks at cost-per-app-install trends for industry Finance and target country Canada compared to the global trend. The analysis is based on $3B worth of advertising data from our dataset, which provides strong directional benchmarks.

Main takeaways

  • Selected data availability: No monthly observations were provided for Finance in Canada during the period, so direct country/industry statistics and above/below-market positioning cannot be calculated.
  • Global context: The worldwide median cost-per-app-install averaged $11.85, with a low of $1.98 (Sep 2024) and a high of $26.21 (Jun 2025), indicating wide variability.
  • Seasonality: Costs climbed into November ($14.28) and eased in December ($8.52), a pattern consistent with heavier Q4 competition followed by a holiday softening. A notable spike occurred in June 2025 ($26.21), with elevated levels again in September 2025 ($22.99).
  • Volatility: Average month-to-month absolute change was approximately $6.31, with the largest single-month jump from May to June 2025 (+$15.78).

Selected trend highlights (Finance, Canada)

  • No selected_data points were available for Finance in Canada in the provided period. As a result, averages, highs/lows, percentage change, and volatility for the selection cannot be computed from this dataset.

Global baseline overview

  • Timeframe: Sep 2024 to Sep 2025 (13 months).
  • Average cost-per-app-install: $11.85.
  • Median: $11.36.
  • High: $26.21 in Jun 2025.
  • Low: $1.98 in Sep 2024.
  • First-to-last change: up +1061% from $1.98 (Sep 2024) to $22.99 (Sep 2025).
  • Volatility:
  • Average absolute month-over-month change: ~$6.31.
  • Largest increases/decreases:
  • May → Jun 2025: +$15.78 (to $26.21).
  • Jun → Jul 2025: −$13.86 (to $12.35).
  • Oct → Nov 2024: +$8.09 (to $14.28).
  • Nov → Dec 2024: −$5.76 (to $8.52).
  • Aug → Sep 2025: +$7.99 (to $22.99).
  • Seasonal patterns:
  • Q4: Rising costs into November with a December pullback.
  • Early year: Mixed but generally mid-range levels (Jan–Apr between ~$6.36 and ~$11.51).
  • Mid-year: A sharp spike in June, followed by a correction in July and elevated levels late summer into September.

Comparison to the global baseline

  • Because no Finance-in-Canada observations were provided, a direct comparison—above market, below average, or in line—cannot be determined.
  • The global benchmark for context indicates typical Q4 elevation, a December dip, and substantial mid-year swings, with overall levels centered around a median of ~$11.36 and frequent excursions into the teens and low twenties.

Understanding cost-per-app-install benchmarks on Facebook Ads in industry Finance and Canada helps advertisers make more efficient budget and creative choices.

Understanding the Data

Insights & analysis of Facebook advertising costs

Facebook advertising costs vary based on many factors including industry, target audience, ad placement, and campaign objectives. In the Finance industry, Facebook ad costs can be typically higher due to high competition and valuable conversions. For campaigns targeting Canada, advertisers should consider local market factors and user behavior. Different campaign objectives lead to varying costs based on how Facebook optimizes for your specific goals. The data shown represents median values across multiple campaigns, and individual results may vary based on ad quality, audience targeting, and campaign optimization.

Why we use median instead of average

We use the median CTR because the underlying distribution of click-through rates is highly skewed, with a small share of campaigns achieving extremely high CTRs. These outliers can inflate a simple average, making it less representative of what most advertisers actually experience. By using the median—which sits at the midpoint of all campaigns—we provide a more rigorous and realistic benchmark that reflects the true underlying data model and helps you set attainable performance expectations.

Key Factors Affecting Facebook Ad Costs

  • Competition within your selected industry and audience demographics
  • Ad quality and relevance score – higher quality ads can lower costs
  • Campaign objective and bid strategy
  • Timing and seasonality – costs often increase during holiday periods
  • Ad placement (News Feed, Instagram, Audience Network, etc.)

Note: This data represents industry median values and benchmarks. Your actual costs may vary based on specific targeting, ad creative quality, and campaign optimization.

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The data behind the benchmarks

All data is sourced from over $3B in Facebook ad spend, collected across thousands of ad accounts that use Superads daily to analyze and improve their campaigns. Every data point is fully anonymized and aggregated—no individual advertiser is ever exposed.

This dataset updates frequently as new ad data flows in. It will only get bigger and better.

Canada Advertising Landscape

National Holidays

Jan 1New Year's Day
Feb (3rd Mon)Family Day
Apr 18Good Friday
Apr 21Easter Monday (federal)
May (Victoria Day)Victoria Day
Jul 1Canada Day
Sep (1st Mon)Labour Day
Oct (2nd Mon)Thanksgiving
Nov 11Remembrance Day
Dec 25Christmas Day
Dec 26Boxing Day

Key Shopping Season

Late November (Black Friday and Cyber Monday), December (holiday shopping, Boxing Day), Back-to-school (August-September), Mother's Day (May)

Potential Advertising Impact

CPM might increase during Canada Day, Labour Day, and Thanksgiving. Black Friday and Cyber Monday see heightened e‑commerce bidding. December holiday period may spike ad costs. Back-to-school and Mother's Day drive retail competition. Provincial holidays might alter weekday inventory availability.

What's a good CPI for iOS vs Android in 2025?

iOS CPIs often range from $2 to $5 or more. Android is usually cheaper, between $1 and $3. Your CPI will depend on geo, creative, and optimization goal.

Why is my app install cost higher in some countries?

Some regions like the US, UK, and Canada have higher competition and stricter privacy regulations, which drive up costs. Countries with lower purchasing power typically have cheaper CPIs.

What creatives drive the lowest CPI on Facebook?

Short videos showing app benefits, UGC-style content, and localized messaging tend to perform best. Clear CTAs and fast-paced visuals help lower your CPI.

Should I optimize for installs or in-app actions?

Optimizing for installs gets volume, but optimizing for actions like signups or purchases brings higher quality users. It depends on your goals and how much post-install behavior matters.

How do I lower CPI without tanking app retention or quality?

Align your creative with the app experience, avoid misleading ads, and exclude users who already installed. You can also test lookalike audiences based on high-quality users, not just all installers.