Facebook Ads Insights Tool

Facebook Ads Cost Per Lead Benchmarks in Singapore

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

Cost Per Lead in Singapore

October 2024 - October 2025

Insights

Detailed observation of presented data

Key takeaways

  • Singapore’s cost per lead averaged 30.69 over the period, versus a global baseline of 35.80 (about 14% lower overall). However, Q4 in Singapore was sharply higher than market.
  • Strong seasonality: costs surged in Q4, peaking in December, then fell steeply through 2025.
  • Extreme volatility in Singapore: average absolute month‑over‑month move was ~162% (global ~12.6%). The largest swing was +598% (Feb→Mar), and the largest drop was −96.3% (Aug→Sep).
  • From the first to the last month, Singapore CPL fell by 97.7% (baseline −37.2%).
  • 2025 year‑to‑date, Singapore CPL (17.49) was about 51% below the global average (35.57).

This analysis looks at cost per lead trends for industry All industries available 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.

Singapore cost per lead trend

  • Average: 30.69 across 13 months.
  • High/low: highest at 89.43 in December 2024; lowest at 0.66 in September 2025 (range 88.77).
  • Trend: started at 28.60 in September 2024 and ended at 0.66 in September 2025 (−97.7%).
  • Notable spikes/dips:
  • October–December 2024 surge (Oct 68.69, Nov 54.81, Dec 89.43), with December the peak.
  • A sharp reset in February 2025 (3.11), followed by a +598% rebound in March (21.73).
  • Repeated large swings through mid‑2025, culminating in a −96.3% drop from August (17.56) to September (0.66).
  • Volatility: average absolute month‑to‑month change ≈162%, indicating very unstable CPLs.

Comparison with the global baseline

  • Overall level: Singapore averaged 30.69 vs baseline 35.80 (about 14% below market).
  • Q4 seasonality: Singapore’s Q4 average was 70.98 versus the global 37.44—about 89% above market during the holiday quarter.
  • 2025 YTD: Singapore at 17.49 vs global 35.57 (about 51% below market).
  • High/low vs baseline:
  • Global high: 41.58 (Nov 2024); low: 20.63 (Sep 2025).
  • Singapore exceeded the baseline in 4 of 13 months—concentrated in Oct 2024 to Jan 2025—then tracked well below afterward.
  • Volatility: baseline average absolute month‑over‑month change ≈12.6%, far steadier than Singapore’s 162%.

Seasonal patterns and stability

  • Seasonal lift: costs typically increase in Q4 around holiday periods. Singapore showed a pronounced Q4 spike, culminating in December.
  • Post‑holiday normalization: both series eased after Q4, but Singapore’s CPL compressed far more dramatically and remained highly volatile through 2025.

Understanding cost per lead benchmarks on Facebook Ads in industry All industries available 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. Different industries see varying ad costs due to market competition, user demographics, and conversion value. 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.