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

January 2025 - January 2026

Insights

Detailed observation of presented data

Introduction

All industries in Singapore posted a notably lower cost per lead (CPL) than the global benchmark, but with far sharper swings month to month. The year opened with a high January, plunged to ultra-low levels in February, rebounded into late Q3, and settled into the mid‑20s by December. The global series, by contrast, climbed steadily into Q3 and softened into year‑end with far less volatility. This analysis is based on $3B worth of advertising data from our dataset, which provides strong directional benchmarks. This analysis explores ad performance trends for all industries in Singapore compared to the global benchmark.

Section 1: The story in the data

Starting point to end point: Singapore’s median CPL came in at 73.05 in December 2024 and closed at 24.54 in December 2025, a 66% year‑over‑year drop. Within 2025, the market opened at 55.85 in January and ended at 24.54 in December (−56%).

Across 2025, Singapore’s CPL averaged 24.03, ranging from a low of 3.11 in February to a high of 55.85 in January. Other key troughs appeared in July (4.91) and May (6.99), while late‑year values stabilized between 22 and 28. Notable monthly movements included a −52.7 point slide from January to February, a +24.9 point lift from May to June, and a +27.5 point surge from August to September. Volatility averaged 19.4 points per month, far sharper than the global benchmark’s 3.9.

Globally, the 2025 average CPL was 40.19, with a high of 48.41 in October and a low of 32.53 in December. The global series showed a steadier climb into Q3 before easing into Q4.

Section 2: Seasonal and monthly dynamics

Singapore’s rhythm was pronounced:

  • Q1 swung from a January spike to a February trough, averaging 26.9 across the quarter.
  • Q2 was the softest period at 18.5 on average, with May notably low (6.99) before a June rebound (31.91).
  • Q3 rebounded to a 25.8 average, culminating in a September high of 49.95.
  • Q4 held steady around the mid‑20s (24.9 average), with October at 28.37 followed by two tighter months.

Globally, CPL typically lifted through Q3 as competition built, averaging 35.9 in Q1, 38.9 in Q2, and 43.7 in Q3, then softened in Q4 (42.2) with a December dip.

Section 3: Country vs. Global

Relative to the global benchmark, Singapore’s CPL ran lower for most of the year. The 2025 average in Singapore (24.03) was about 40% below the global average (40.19). Month by month, Singapore was below market in 10 of 12 months—by 25–92%—with brief above‑market moments in January (+60% vs. global) and September (+4%). At its widest discount, Singapore trailed global CPLs by 92% in February; at its narrowest gap, it slightly led the market in September. While the global trend rose steadily (+22% from Q1 to Q3 averages) before easing, Singapore’s path was choppier and more volatile, yet it ended near its annual mean.

Closing

Facebook Ads benchmarks for cost per lead show that all industries in Singapore experienced lower average CPLs than the global benchmark, but with much larger month‑to‑month swings and sharp inflection points in February and September. Understanding cost per lead trends and country‑specific ad costs for all industries in Singapore helps marketers contextualize CPL performance against global patterns.

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.