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Facebook Ads Cost Per Purchase Benchmarks for Finance in Canada

See how your purchase costs compare. Explore ecommerce conversion cost benchmarks by industry, region, and campaign type

Cost Per Purchase for Finance in Canada

October 2024 - October 2025

Insights

Detailed observation of presented data

Cost-per-purchase benchmarks: Finance in Canada vs. global

This analysis looks at cost-per-purchase trends for industry Finance and target country 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: Canada’s Finance cost-per-purchase averaged 43.86 over the period, about 11% below the global baseline (49.24).
  • Highs and lows: Canada ranged from 3.43 (Nov 2024) to 130.62 (Feb 2025), a much wider spread than the global range of 43.19–53.89.
  • Volatility: Selected data showed high variability (std. dev. ≈ 37.9; average month-to-month change ≈ 33.54) versus a very stable baseline (std. dev. ≈ 3.39; avg MoM change ≈ 2.24).
  • Trajectory: From the first to last month in the selected period, costs rose 266% (Oct 2024 to Aug 2025), while the global baseline edged down about 2%.
  • Seasonality within this window: Q4 2024 costs were relatively low in Canada, a sharp spike occurred in February 2025, a May–July trough followed, and August rebounded strongly.

Selected Finance in Canada: trend overview

  • Average: 43.86; Median: 32.87.
  • Lowest month: November 2024 at 3.43.
  • Highest month: February 2025 at 130.62.
  • Notable movements:
  • Nov 2024 hit the period low, then recovered into December (32.87) and January (49.94).
  • A pronounced spike in February 2025 (130.62), followed by elevated March (80.89) and April (61.32).
  • A sustained trough in May–July (14.39 → 10.78 → 5.75).
  • A sharp rebound in August (72.67), rising more than 10x from July.
  • Month-to-month variability: Average absolute change was 33.54, with the largest single jump Jan→Feb (+80.68) and July→Aug (+66.92).

From start to end of the period, cost-per-purchase increased from 19.83 (Oct 2024) to 72.67 (Aug 2025), a +266% change.

Comparison to the global baseline

  • Average level: Canada ran approximately 5.37 below the baseline on average (43.86 vs. 49.24), placing it below market overall.
  • Distribution:
  • Canada was below baseline in 7 of 11 months (Oct, Nov, Dec 2024; Jan, May, Jun, Jul 2025).
  • It rose above market in 4 months (Feb, Mar, Apr, Aug 2025), with February notably far above the global median.
  • Highs and lows:
  • Baseline high was 53.89 (Feb 2025) and low was 43.19 (Nov 2024)—a tight band relative to Canada’s broad swings.
  • Volatility: The selected series’ range (127.19) dwarfed the baseline’s (10.69), underscoring substantially higher month-to-month variability in Canada’s Finance segment.

Seasonal pattern signals within this period

  • Q4 2024: Costs were below the global average, with November as the lowest point.
  • Q1 2025: A major February spike pushed costs well above the global trend, remaining elevated into March–April.
  • Late Q2 to midsummer: May–July formed a sustained low, clearly below the global benchmark.
  • Late summer: August rebounded above market.

Understanding cost-per-purchase benchmarks on Facebook Ads in industry Finance 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 Finance industry, Facebook ad costs can be typically higher due to high competition and valuable conversions. 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's a healthy cost per purchase for ecommerce brands?

It depends on your product price and margins. Most brands aim for $10 to $50. For higher-ticket products, a higher CPA may be acceptable as long as you're maintaining a strong return on ad spend.

How does product price impact CPA benchmarks?

Higher-priced products typically have a higher CPA because people take longer to convert. That's not necessarily a problem if your margin can support it. You should measure CPA in context with AOV and LTV.

Why are my purchase costs going up despite stable ROAS?

Your AOV may be increasing, which helps maintain ROAS even if CPA rises. You could also be facing higher CPMs, lower conversion rates, or creative fatigue.

Should I use manual bidding to control CPA more effectively?

Manual bidding can help if you're struggling to stay within target CPA. It's best used by experienced advertisers who can monitor performance and adjust regularly. It gives more control, but also requires more effort.

How do I scale spend without letting CPA skyrocket?

Increase budget gradually, rotate creative often, and avoid overlapping audiences. Scaling too quickly can lead to audience saturation and rising CPAs.