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Facebook Ads Cost Per App Install Benchmarks for Finance in New Zealand

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Cost Per App Install for Finance in New Zealand

October 2024 - October 2025

Insights

Detailed observation of presented data

Key takeaways

  • Finance in New Zealand sits above market on cost-per-app-install across all overlapping months versus the global baseline; excluding one extreme spike, typical levels are about 3.1x higher than global.
  • A single outlier in February 2025 (1,597.21) skews the average; from March–July 2025, costs normalize in the high-20s to high-30s.
  • Volatility is concentrated in the February-to-March drop; after that, month-to-month changes average around 25%, broadly in line with normal marketing fluctuations.
  • The global baseline shows seasonal bumps in November, June, and September, while the New Zealand Finance series (limited months) trends slightly lower into July.

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

Overview of Finance in New Zealand (selected data)

  • Average across available months: 422.89 (skewed by February’s spike)
  • Median across months: 33.38
  • High: 1,597.21 in February 2025
  • Low: 27.59 in July 2025
  • Change from first to last month (Feb → Jul): -98.27%
  • Month-to-month moves:
  • February → March: -98.14% (1,597.21 to 29.69)
  • March → May: +24.87% (29.69 to 37.06)
  • May → July: -25.56% (37.06 to 27.59)

Context: February 2025 is a clear outlier. Excluding February, the typical cost-per-app-install from March–July averages 31.45, with month-to-month swings around 25%, indicating moderate volatility once the spike passes.

Comparison to the global baseline

For the same months (Feb, Mar, May, Jul 2025), the global baseline averages 10.26, with a high of 12.35 (July) and a low of 6.87 (March). From February to July, the baseline rises +8.74%.

  • Relative positioning (selected vs. baseline):
  • February: 1,597.21 vs. 11.36 (~140x above market; outlier)
  • March: 29.69 vs. 6.87 (~4.3x above)
  • May: 37.06 vs. 10.43 (~3.6x above)
  • July: 27.59 vs. 12.35 (~2.2x above)
  • Excluding February, Finance in New Zealand averages 31.45 vs. 10.26 for the baseline—about 3.1x above market, consistently “above average” each month.

Volatility comparison (Feb–Jul transitions):

  • Selected: dominated by the February drop; after March, average absolute monthly change ~25%.
  • Baseline: average absolute monthly change ~36% across the same transitions, indicating the global series is also variable, though without extreme spikes.

Seasonality signals

  • Global baseline (broader view) shows:
  • Q4 lift in November (14.28 vs. October’s 6.20), then a December dip (8.52).
  • A sharp mid-year spike in June (26.21) and a late-Q3 rise in September (22.99).
  • Selected Finance in New Zealand lacks Q4 coverage; within the available window, costs ease from May to July, with no additional seasonal pattern visible beyond the February anomaly.

Understanding cost-per-app-install benchmarks on Facebook Ads in industry Finance and New Zealand 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 New Zealand, 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.

New Zealand Advertising Landscape

National Holidays

Jan 1New Year's Day
Jan 2Day after New Year's Day
Feb 6Waitangi Day
Apr 18Good Friday
Apr 21Easter Monday
Apr 25ANZAC Day
Jun 2King's Birthday
Jun 20Matariki
Oct 27Labour Day
Dec 25Christmas Day
Dec 26Boxing Day

Key Shopping Season

Late November–early December (Black Friday/Cyber Monday), Christmas season (Boxing Day sales), Mid‑year promotions (Matariki in June), Back-to-school (late January/early February)

Potential Advertising Impact

CPM and CPC might rise around Waitangi Day and ANZAC Day as public events increase media consumption. Matariki is new public holiday with growing awareness—advertising may see elevated competition. Late November–December Black Friday/Cyber Monday could drive ad costs significantly. Regional anniversary holidays may cause local inventory shifts.

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.