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Facebook Ads Cost Per Lead Benchmarks for Hardware and Networking in Canada

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

Cost Per Lead for Hardware and Networking in Canada

October 2024 - October 2025

Insights

Detailed observation of presented data

Main takeaways

  • This analysis looks at cost per lead (CPL) trends for the Hardware and Networking industry in Canada 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: The Canadian series averages $463.70 per lead across the observed months, versus $36.90 globally over the same months—about 12.6x higher on average. However, the Canadian median is $41.30, only slightly above the global median of $38.35, showing heavy skew from a few extreme spikes.
  • Volatility: Canadian CPL shows very high month-to-month volatility (median absolute MoM change ≈ 97.9%), compared to a modest 9.0% globally.
  • Seasonality: The global baseline shows a typical Q4 lift (peaking in November). Canada follows the seasonal direction but with outsized spikes in December–January and a deep summer trough.

Overview of cost per lead

For Hardware and Networking in Canada (selected data), the average CPL is $463.70 across 11 months, with a median of $41.30. The highest month is December 2024 at $2,328.61, followed by January 2025 at $1,795.49. The lowest month is July 2025 at $0.97. From the first observed month (September 2024: $661.16) to the last (August 2025: $4.35), CPL fell by 99.3%.

If we exclude the December–January spike months, the average CPL is $107.39, still above the global average but far closer to typical levels suggested by the median.

Month-by-month highlights

  • Extreme spikes: November → December 2024 jumped by about +7,086%, and December → January eased by -22.9% but remained elevated.
  • Large resets: January 2025 → March 2025 fell by -97.0%; June → July 2025 dropped -97.7%.
  • Notable lows: October 2024 ($12.01), July 2025 ($0.97), and August 2025 ($4.35).

The range across the period is wide (from $0.97 to $2,328.61), underscoring significant fluctuation in CPL.

Comparison with the global baseline

Using the same months for comparison:

  • Global average CPL: $36.90; median: $38.35; high: $41.58 (November 2024); low: $31.12 (October 2024).
  • Global first-to-last change (September 2024 → August 2025): +12.6%.
  • Global volatility: average absolute MoM change ≈ 9.0%.

Relative positioning:

  • Canada is above market on average (12.6x) due to outsized December–January spikes.
  • On a typical-month basis (medians), Canada is slightly above market (+7.7% vs global median).
  • Month-by-month, Canada is above the global baseline in 6 of 11 months and below in 5, reflecting mixed alignment with overall trends.

Seasonality

  • Global seasonality shows a clear Q4 increase (October to November), with a mild easing in December–January—consistent with holiday-period dynamics.
  • Canada mirrors the timing but not the magnitude: CPL surges dramatically in December 2024 and remains elevated in January 2025, then normalizes in spring and dips sharply in midsummer (July–August).

Understanding cost per lead benchmarks on Facebook Ads in industry Hardware and Networking 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 Hardware and Networking industry, Facebook ad costs can be influenced by seasonal trends and market competition. 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 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.