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Facebook Ads CPC Benchmarks for Finance in Singapore

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CPC (Cost Per Click) for Finance in Singapore

January 2025 - January 2026

Insights

Detailed observation of presented data

Introduction

Finance CPC in Singapore moved through 2025 with sharp peaks and deep troughs, ultimately averaging slightly above the global benchmark but with far more turbulence. The year opened with an elevated January, slid into an unusually soft mid-year, then snapped back in December. Compared to the steady, gently rising global baseline, Singapore’s Finance market was choppier, with standout months on both ends of the spectrum.

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 Finance in Singapore compared to the global benchmark.

The story in the data

  • Level and range: Finance CPC in Singapore averaged 1.19 across 2025, versus the global 1.13. The median told a different story: 1.02 in Singapore vs. 1.13 globally, showing that a few spikes pulled the average up. The local range was wide—3.93 at the January high to 0.18 in August (a 3.75-point spread)—compared with the global range of roughly 1.05 to 1.32.
  • Momentum and endpoints: The year started at 3.93 in January, plunged to 0.20 in February (-95% MoM), and rebounded to 1.74 in March. After a steady mid-spring lift (0.89 in April to 1.61–1.72 in May–June), CPCs fell into a mid-year trough, bottoming at 0.18 in August. Q4 opened soft at 0.50 in October and 0.19 in November before a late-year jump to 1.89 in December. The year closed below January’s spike but well above the mid-year lows.
  • Volatility: Month-to-month absolute movement averaged 0.99 points in Singapore, far above the global benchmark’s 0.06, underscoring a market with outsized swings rather than incremental shifts.

Seasonal and monthly dynamics

  • Q1: A two-speed quarter—an outsized January, a sharp reset in February, and a strong March—averaging 1.96 across the quarter.
  • Q2: The firmest stretch of the year at 1.41 on average (April–June), with May and June both above 1.6.
  • Q3: The softest period by far. July was near parity with the global average, but August and September were among the lowest months of the year, pulling the quarter’s average down to 0.52.
  • Q4: A mixed finish. October and November stayed well below global levels, then December rebounded to close the year near the upper tier of monthly results.

Globally, CPCs followed a more familiar seasonal arc: broadly stable through mid-year, a pronounced spike in November (1.32), then a December cooldown (1.05). Singapore’s Finance pattern diverged—softer in early Q4, with the seasonal pressure arriving late in December rather than November.

Singapore vs. Global

  • Level comparison: On average, Singapore’s Finance CPC ran about 6% above the global benchmark in 2025 (1.19 vs. 1.13), though the median sat 9% below (1.02 vs. 1.13), reflecting skew from January and December.
  • Half-year contrast: H1 averaged 1.68 in Singapore vs. 1.13 globally; H2 fell to 0.69 locally while the global level held at 1.14—illustrating a 59% half-to-half drop in Singapore against a flat global picture.
  • Monthly gaps: The gap swung widely—July was the tightest (+5% vs. global), while November marked the steepest underperformance (−86%). On the upside, January sat +251% above the global benchmark; December closed +80% above.
  • Quarter view: Singapore outpaced the global benchmark in Q2, lagged heavily in Q3, and remained below market in Q4 despite the December rebound.

Closing

These Facebook Ads benchmarks highlight CPC trends for Finance in Singapore: a year defined by pronounced volatility, a strong Q2, a deep Q3 trough, and a late Q4 rebound. Understanding cost-per-click dynamics for Finance in Singapore—alongside the steadier global baseline—helps contextualize country-specific ad costs and broader industry ad performance patterns.

Understanding the Data

Insights & analysis of Facebook advertising costs

Cost Per Click (CPC) is the amount advertisers pay each time a user clicks on their Facebook ad. In the Finance industry, Facebook ad costs can be typically higher due to high competition and valuable conversions. 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 exactly is CPC in Facebook Ads?

CPC (Cost Per Click) is what you pay each time someone clicks on your ad, on any Facebook Ads placement. It's calculated by dividing your total spend by the number of clicks received. Facebook Ads lists Clicks, Link Clicks and Outbound Clicks separately. The former is the sum of all types of clicks (including, for example, clicks to your profile page, to a link or to a comment).

What's considered a good CPC for Facebook ads in 2025?

The truth is that varies, so play with our tool to get some benchmarks that are relevant to you. CPC values are highly dependent on the region, industry and campaign objective. The US is one of the most expensive markets.

What influences cost per click on Facebook?

Several factors affect CPC: your audience targeting, competition in your industry, ad relevance score, and creative performance. If your ad isn't getting engagement or relevance is low, CPC tends to spike.

Why is my Facebook ad CPC suddenly increasing?

CPC spikes usually happen because of increased competition in your target audience, seasonal trends (like holidays), poor ad relevance scores, or algorithm changes. Check if your audience targeting has become too narrow or if your creative is showing fatigue.

Do desktop and mobile Facebook ads have different CPCs?

Yes, there's a noticeable difference between platforms. Mobile CPCs often run lower than desktop. How many times do check Instagram on your phone and how often do you open it in your computer? There's simply much more mobile inventory. Tip: segment your performance data by placement to understand where your clicks are coming from. Spoiler: it's likely all mobile.

Should I optimize my campaigns for CPC or conversions?

For most businesses, optimizing for conversions will deliver much better ROI than focusing purely on CPC. A low CPC is meaningless if those clicks don't convert. However, if you're running awareness campaigns or some kind content promotion, CPC optimization might potentially make sense, although most experts have switched to conversion optimization by now.

Why do my CPC benchmarks differ from published industry averages?

Your specific audience targeting, creative quality, bidding strategy, and account history all influence your CPC. Industry averages provide a reference point, but your historical performance is a more reliable benchmark for setting expectations and measuring improvement.

Are CPCs cheaper on Instagram or Facebook?

Instagram CPCs are generally slightly higher due to stronger purchase intent and higher competition among advertisers. But it depends on the audience and creative.