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Facebook Ads Cost Per Lead Benchmarks for Media in Singapore

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Cost Per Lead for Media in Singapore

October 2024 - October 2025

Insights

Detailed observation of presented data

Facebook Ads cost-per-lead benchmarks: Media in Singapore vs. global

This analysis looks at cost-per-lead trends for the Media industry in Singapore compared to the global trend. The analysis is based on $3B worth of advertising data from our dataset, which provides strong directional benchmarks.

Main takeaways

  • Overall level: Singapore’s Media cost-per-lead (CPL) averages 170.25 over the period, 4.8x the global average (35.80), driven by a single extreme spike in November 2024. The typical month in Singapore is far below the global benchmark.
  • Volatility: Singapore shows very high month-to-month variability (average absolute change ~215%), versus the global baseline’s more stable ~12.6%.
  • Seasonal patterns: The global series shows the usual Q4 lift (October–November), while Singapore displays an outsized November spike followed by a sharp reset in December and low CPLs through most of 2025.
  • Trend direction: From the first to last observed month, Singapore CPL falls 89.5% (September 2024 to September 2025), versus a 37.3% decline globally.

Singapore Media CPL highlights (selected data)

  • Average: 170.25; Median: 5.62. The mean is skewed by November 2024 at 1,804.82 (highest month).
  • Lowest month: March 2025 at 1.41.
  • First-to-last change: 51.86 (Sep 2024) to 5.44 (Sep 2025), down 89.5%.
  • Volatility: Average absolute month-to-month change ≈ 215%.
  • Notable spikes/dips:
  • Sharp surge in November 2024 (+1,122% vs October), then a collapse in December to 2.36 (−99.9% vs November).
  • From March to September 2025, CPL stabilizes in a low band of roughly 1.41–6.15, averaging about 3.75.

Comparison to the global baseline

  • Baseline averages and bounds:
  • Average: 35.80; Median: 38.35.
  • High: 41.58 (November 2024); Low: 20.63 (September 2025).
  • First-to-last change: 32.88 (Sep 2024) to 20.63 (Sep 2025), down 37.3%.
  • Volatility: Average absolute month-to-month change ≈ 12.6%.
  • Relative positioning:
  • Above market in early Q4 2024: Singapore CPL exceeds global in September (+58%), October (+375%), and especially November (+4,241%).
  • Below market for the remainder: From December 2024 onward, Singapore is consistently below the global benchmark by 70%–96% each reported month (e.g., December −94%, March −96%, June −96%, August −92%, September 2025 −74%).
  • Interpretation for marketers:
  • Globally, CPLs are relatively steady with a familiar Q4 lift (October–November) before easing.
  • Singapore’s Media CPL shows an exceptional November spike that diverges from the otherwise very low cost profile seen from December onward, indicating that most months in Singapore run below average and in line or below overall trends outside that one anomaly.

Seasonality and patterns

  • Global pattern: Costs typically increase in Q4 around holiday periods, with a clear October-to-November rise and moderation afterward.
  • Singapore pattern: A pronounced November 2024 spike is followed by a sharp December normalization and sustained low CPLs through most of 2025, remaining below the global baseline.
  • Data notes: No Singapore observation is reported for February 2025.

Understanding cost-per-lead benchmarks on Facebook Ads in industry Media 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 Media 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.