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Facebook Ads Cost Per Lead Benchmarks for Education in New Zealand

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Cost Per Lead for Education in New Zealand

October 2024 - October 2025

Insights

Detailed observation of presented data

Facebook Ads cost per lead benchmarks: Education in New Zealand vs global

This analysis looks at cost per lead (CPL) trends for industry Education 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.

  • Overall level: New Zealand Education CPL averaged 32.62 across the period, 8.9% below the global average of 35.80 (below market in 9 of 13 months).
  • Extremes: NZ peaked at 118.27 in November 2024 and bottomed at 8.36 in June 2025; the global range was tighter (41.58 high in November 2024; 20.63 low in September 2025).
  • Volatility: NZ exhibited very high month-to-month movement (average absolute MoM change ≈ 27.26; ≈121% on a percentage basis) versus the global baseline’s steadier pattern (≈ 4.50; ≈12.7%).
  • Trajectory: From September 2024 to September 2025, NZ CPL rose 29.3% (11.15 to 14.41) while the global baseline fell 37.3% (32.88 to 20.63).
  • Seasonality: Both series show Q4 inflation and January softness. NZ’s Q4 surge was especially pronounced, with a sharp spike in October–November and a mid‑year dip in June followed by a July rebound.

Scope and context

  • Metric: cost per lead
  • Industry: Education
  • Country: New Zealand
  • Benchmark: global baseline (all industries/countries)

New Zealand Education CPL: key stats and trend highlights

  • Average: 32.62
  • High: 118.27 (November 2024), a notable spike versus surrounding months.
  • Low: 8.36 (June 2025), followed by a sharp rebound to 32.26 in July.
  • Change from first to last month: +29.3% (September 2024 to September 2025).
  • Notable swings:
  • September → November 2024: surge from 11.15 to 118.27 (+>900% across two months).
  • November 2024 → January 2025: normalization to 11.48 (−90% from the peak).
  • May → July 2025: trough-to-peak move from 16.43 to 32.26 (+96%).

These moves indicate a wide CPL range (about 110 points), with intermittent spikes and dips concentrated around Q4 and early Q3.

Comparison with the global baseline

  • Level: NZ averaged 32.62 vs global 35.80 (below market). NZ was below the global benchmark in 9 of 13 months; above it in October and November 2024 and again in February–March 2025.
  • Extremes and range:
  • NZ range: 8.36 to 118.27 (wide dispersion).
  • Global range: 20.63 to 41.58 (more compact).
  • NZ’s November 2024 high (118.27) was about 2.8x the global November high (41.58).
  • Volatility:
  • NZ average absolute MoM change ≈ 27.26 vs global ≈ 4.50.
  • Percentage terms: NZ ≈ 121% vs global ≈ 12.7%.
  • Direction:
  • NZ ended higher than it began (+29.3%).
  • Global ended markedly lower (−37.3%).

Seasonal patterns to note

  • Q4 effect: Costs typically increase in Q4 around holiday periods. NZ’s CPL rose sharply in October–November 2024; the global baseline also peaked in November, but less dramatically.
  • January reset: Both NZ and global CPL eased in January 2025.
  • Mid‑year dynamics: NZ showed a pronounced June dip (lowest month) and a July rebound; the global series was steadier through mid‑year.

Understanding cost per lead benchmarks on Facebook Ads in industry Education 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 Education industry, Facebook ad costs can be moderate, with higher costs for professional and specialized courses. 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 is considered a good cost per lead on Facebook in 2025?

A good CPL usually ranges from $10 to $50, depending on your industry and target audience. B2C offers tend to be cheaper, while B2B or high-ticket services may see CPLs over $100.

Why is my CPL higher than industry averages?

Your CPL could be high due to weak creative, irrelevant targeting, or an offer that doesn't resonate. Low engagement or poor conversion rates on your landing page can also drive up costs.

Does campaign objective impact CPL?

Yes. Campaigns optimized for conversions or leads tend to generate cheaper and more qualified leads compared to traffic or engagement objectives. Facebook needs clear signals to find the right users.

How can I generate leads at a lower cost without hurting lead quality?

Focus on improving your offer, targeting the right audience, and using high-converting creative. Test native lead forms, but make sure you're still qualifying users properly.

Should I optimize for leads or conversions if my goal is pipeline growth?

If your goal is sales or revenue, optimizing for deeper funnel conversions is better. Optimizing for leads alone can inflate volume but hurt quality.