Facebook Ads Insights Tool

Facebook Ads Cost Per Lead Benchmarks for Finance in New Zealand

See how your CPL compares. Explore lead generation cost benchmarks by industry, region, and campaign type

Cost Per Lead for Finance in New Zealand

October 2024 - October 2025

Insights

Detailed observation of presented data

Key takeaways

  • Compared to the global baseline, Finance cost per lead in New Zealand is markedly higher overall: the selected average is 5.33x the global average across the same months.
  • Volatility is extreme in the selected series: 7 of 8 month-to-month moves exceed ±50%, with large spikes in December 2024 and April 2025.
  • Seasonal patterns are visible: a clear uplift in Q4 (December) and an even larger peak in April, while the global trend shows a modest firming in November and relative stability otherwise.
  • From the first to last observed month, New Zealand’s series rises by approximately +9,534%, versus a +12.6% increase for the global baseline.

This analysis looks at cost per lead 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. Figures reflect monthly medians; selected_data covers September 2024 to April 2025 and August 2025.

Selected series highlights (Finance, New Zealand)

  • Average across available months: 194.39
  • High: 788.04 in April 2025
  • Low: 1.07 in September 2024
  • First-to-last change: from 1.07 (Sep 2024) to 103.01 (Aug 2025), up about +9,534%
  • Notable spikes and dips:
  • December 2024 jumps to 380.24 (≈+369% month over month).
  • January 2025 falls to 69.65 (≈−81.7% MoM), then February drops again to 23.27 (≈−66.6%).
  • March rebounds to 197.16 (≈+747% MoM), peaking in April at 788.04 (≈+300% MoM).
  • From April to August the series contracts to 103.01 (≈−86.9%).
  • Volatility: 7 of 8 consecutive changes exceed ±50%, with a very wide range (1.07 to 788.04).

Global baseline (all industries, all countries)

  • Average across matched months: 36.45
  • High: 41.58 in November 2024
  • Low: 31.12 in October 2024
  • First-to-last change over the same frame: 32.88 (Sep 2024) to 37.03 (Aug 2025), up +12.6%
  • Month-to-month movement is contained, mostly within ±18%, aside from a +33.6% uptick in November 2024.
  • Range is narrow (31.12 to 41.58), indicating stable global conditions.

How New Zealand compares to the global trend

  • Overall level: New Zealand’s Finance cost per lead averages 5.33x above the global benchmark across identical months.
  • Month-by-month positioning:
  • Below market in September 2024 (1.07 vs 32.88) and February 2025 (23.27 vs 38.86).
  • Above market in 7 of 9 observed months; notably:
  • December 2024 is ≈9.6x above global (380.24 vs 39.63).
  • April 2025 is ≈20.4x above global (788.04 vs 38.59).
  • Seasonality: The baseline shows a modest Q4 firming (peak in November), while New Zealand exhibits a sharp December surge and a pronounced spring peak in April, followed by a large pullback into August.

Understanding cost per lead 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 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.