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Facebook Ads Cost Per Lead Benchmarks for Finance in Norway

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Cost Per Lead for Finance in Norway

October 2024 - October 2025

Insights

Detailed observation of presented data

Key takeaways

  • This analysis looks at cost per lead trends for industry Finance in target country Norway compared to the global trend, based on $3B worth of advertising data from our dataset, which provides strong directional benchmarks.
  • Across the same months, Finance in Norway averaged 45.43 cost per lead versus a global average of 33.89—about 34% above market—driven by a sharp spike in March 2025.
  • Typical months (Nov–Feb) in Norway were below the global baseline, but March 2025 jumped to 144.48, far above the global level for that month.
  • Seasonality shows the global pattern of higher costs in Q4, while Norway’s series is relatively steady through winter and then surges in March.
  • Volatility is high overall due to March; excluding that spike, month-to-month movements in Norway were modest and slightly downward through winter.

What the data covers

  • Metric: cost per lead (CPL)
  • Industry: Finance
  • Country: Norway
  • Selected months available: Sep 2024, Nov 2024, Jan–Mar 2025
  • Baseline: all industries and countries (global)

Finance in Norway: selected data highlights

  • Average CPL (Sep 2024–Mar 2025): 45.43
  • Median CPL: 26.30 (Jan 2025)
  • High: 144.48 (Mar 2025)
  • Low: 1.07 (Sep 2024)
  • First-to-last change: from 1.07 (Sep) to 144.48 (Mar), roughly 134x higher from a very low starting point.
  • Notable movements:
  • Sep to Nov: jumped from 1.07 to 30.55 (+2,700%+, from a low base).
  • Nov to Jan: eased 14% to 26.30.
  • Jan to Feb: eased 6% to 24.75.
  • Feb to Mar: spiked to 144.48 (+484%).

Comparison to the global baseline (same months)

  • Global average CPL: 33.89; median: 35.54
  • Global high/low (same months): 41.58 (Nov 2024) / 20.63 (Sep 2024)
  • Norway vs global by month:
  • Sep 2024: 1.07 vs 20.63 (≈95% below market)
  • Nov 2024: 30.55 vs 41.58 (≈27% below)
  • Jan 2025: 26.30 vs 35.54 (≈26% below)
  • Feb 2025: 24.75 vs 38.86 (≈36% below)
  • Mar 2025: 144.48 vs 32.84 (≈340% above)
  • Interpretation:
  • On average, Norway sits above market due to the March surge.
  • Median positioning shows Norway below market in typical months (26.30 vs 35.54), indicating generally lower CPL outside the outlier.

Seasonality and volatility

  • Global seasonality: costs were elevated through Q4 (Oct–Dec globally: 31.12, 41.58, 39.63) and softened into March (32.84).
  • Norway’s pattern:
  • Q4 to winter (Nov–Feb): relatively stable and below global levels (24.75–30.55).
  • March: a marked divergence, with a one-off spike to 144.48 not mirrored globally.
  • Volatility: high overall due to March; excluding March, Norway showed mild declines across winter.

Understanding cost per lead benchmarks on Facebook Ads in industry Finance and Norway 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 Norway, 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.

Norway Advertising Landscape

National Holidays

Jan 1New Year's Day
Apr 17Maundy Thursday
Apr 18Good Friday
Apr 20Easter Sunday
Apr 21Easter Monday
May 1Labour Day
May 17Constitution Day
May 29Ascension Day
Jun 8Whit Sunday
Jun 9Whit Monday
Dec 25Christmas Day
Dec 26Boxing Day

Key Shopping Season

Late November (Black Friday/Singles Day), December (Christmas & post‑Christmas sales), Spring holiday period (April–May travel and tourism)

Potential Advertising Impact

CPM and CPC could rise during Easter and Ascension when Norwegians travel or spend time on leisure. Constitution Day (May 17) is widely celebrated—media activity may increase and ad competition could intensify. Most public holidays result in shop closures; ad inventory may shrink during holidays. Pentecost weekend may reduce weekday competition.

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.