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Facebook Ads Cost Per Lead Benchmarks for Marketplaces in Singapore

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

Cost Per Lead for Marketplaces in Singapore

October 2024 - October 2025

Insights

Detailed observation of presented data

Key takeaways

  • This analysis looks at cost per lead (CPL) trends for industry Marketplaces and target country Singapore compared to the global trend; the analysis is based on $3B worth of advertising data from our dataset, which provides strong directional benchmarks.
  • No selected data points were available for Marketplaces in Singapore over the period, so a direct comparison to the global baseline cannot be quantified.
  • Globally, median CPL averaged about 35.80 across Sep 2024–Sep 2025, with a high of 41.58 (Nov 2024) and a low of 20.63 (Sep 2025).
  • Volatility in the global series was moderate, with an average month‑to‑month absolute change of ~4.50; the sharpest moves were a +10.45 jump in November 2024 and a −16.40 drop in September 2025.
  • Seasonal pattern visible: costs climbed in Q4 (notably November–December) and eased in January, with steady mid‑year levels around 37–40.

Scope and framing

  • Metric: cost per lead (CPL).
  • Industry: Marketplaces.
  • Country selection: Singapore (SG).
  • Comparison set: global baseline.
  • Period covered: September 2024 through September 2025.

Selected segment (Marketplaces, Singapore)

  • Data availability: The selected_data series is empty for this period, so averages, highs/lows, first‑to‑last change, and volatility cannot be calculated.
  • Relative positioning: With no observed values, it is not possible to determine whether Marketplaces in Singapore is above market, below average, or in line with overall trends.

Global baseline CPL trend

  • Overall level: The global median CPL averaged approximately 35.80 across 13 months.
  • Highs and lows:
  • Peak: 41.58 in November 2024.
  • Trough: 20.63 in September 2025.
  • Trend from start to end: From 32.88 in September 2024 to 20.63 in September 2025, a decrease of about 37.3%.
  • Volatility: Average month‑to‑month absolute change was ~4.50.
  • Largest increase: +10.45 from October to November 2024.
  • Largest decrease: −16.40 from August to September 2025.
  • Notable spikes/dips:
  • Q4 uptick: October (31.12) to November (41.58) surged, with December remaining elevated at 39.63.
  • Post‑holiday normalization: January eased to 35.54.
  • Mid‑year steadiness: April through August hovered between roughly 37.03 and 39.63.
  • Seasonal pattern: A clear Q4 rise (likely holiday‑period pressure) followed by a January pullback, and relatively stable CPLs through mid‑year before a sharp decline in September 2025.

Comparison to baseline

  • Since the selected Marketplaces/Singapore series contains no observations, a numerical comparison to the global baseline is not possible for this period.
  • Only the global baseline benchmarks are available as the reference for CPL levels, volatility, and seasonal timing.

Understanding cost per lead benchmarks on Facebook Ads in industry Marketplaces and Singapore 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 Marketplaces industry, Facebook ad costs can be influenced by seasonal trends and market competition. For campaigns targeting Singapore, 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.

Singapore Advertising Landscape

National Holidays

Jan 1New Year's Day
Jan 29Chinese New Year Day 1
Jan 30Chinese New Year Day 2
Mar 31Hari Raya Puasa
Apr 18Good Friday
May 1Labour Day
May 12Vesak Day
Jun 7Hari Raya Haji
Aug 9National Day
Oct 20Deepavali
Dec 25Christmas Day

Key Shopping Season

Late January (Chinese New Year), October–December (Deepavali, National Day promotions, Christmas), Mid-year retail events

Potential Advertising Impact

CPM and CPC might rise during Chinese New Year and Deepavali for gifting, food, and apparel categories. Good Friday, Hari Raya, and Vesak Day long weekends could shift consumer behavior and spike media consumption. National Day promotions might elevate ad costs in entertainment and tourism. Singapore's small, affluent market means events can have noticeable retail impact.

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.