Facebook Ads Insights Tool

Facebook Ads CPM Benchmarks

Understand how your CPM compares. Dive into benchmark data by industry, region, and campaign type

CPM (Cost Per Mille)

October 2024 - October 2025

Insights

Detailed observation of presented data

Facebook Ads CPM benchmarks summary

This analysis looks at cost-per-thousand-impressions (CPM) trends for industry All industries available and target country All countries available compared to the global trend. The analysis is based on $3B worth of advertising data from our dataset, which provides strong directional benchmarks.

Key takeaways

  • Overall level: The 12‑month average CPM is 19.80, with a high of 24.67 (Nov 2024) and a low of 17.97 (Jan 2025).
  • Trend: From October 2024 to September 2025, CPM declined by 5.0% overall (from 20.32 to 19.31).
  • Volatility: Average month‑to‑month absolute change is 1.60 (about 8.1% of the average level). Largest swing: +4.35 in November and −4.04 in December.
  • Seasonality: Q4 shows elevated costs, peaking in November; Q1 is the softest period. Q4 (Oct–Dec) averaged 21.88 vs. 18.50 in Q1 (Jan–Mar), an 18% lift.
  • Relative performance: Selected data is fully in line with the baseline; values match the global series in every month (0% variance).

Selected data overview (All industries, All countries)

  • Average CPM: 19.80 across the period.
  • High/low: High in November 2024 at 24.67; low in January 2025 at 17.97. The range is 6.70.
  • Directional change: −5.0% from the first month (Oct 2024) to the last (Sep 2025).
  • Volatility:
  • Average absolute month‑to‑month move: 1.60.
  • Smallest change: −0.07 in July.
  • Notable swings: +4.35 in November (pre‑holiday surge); −4.04 in December (post‑Black‑Friday normalization).

Comparison with the global baseline

  • Alignment: The selected series and the baseline series are identical across all 12 months.
  • Averages, highs, lows, and volatility measures are the same, indicating performance is precisely in line with overall trends.
  • Positioning: Throughout the period, the selected data is “in line with overall trends” versus the market.

Seasonality and monthly pattern

  • Q4 holiday impact: Costs spike in November (24.67), reflecting peak demand leading into Black Friday/Cyber Monday and holiday campaigns. December eases to 20.63 but remains above Q1 lows.
  • Q1 softness: January marks the trough at 17.97, with a gradual recovery through February (18.09) and March (19.44).
  • Mid‑year stabilization: May–August averages 19.64, close to the overall mean, with a modest lift in August (20.47) before a dip in September (19.31).

Month-by-month highlights

  • Oct → Nov: +4.35 surge to 24.67 (period high).
  • Nov → Dec: −4.04 pullback after peak promotions.
  • Jan: Period low at 17.97.
  • Mar: Continued recovery to 19.44.
  • Aug: Highest mid‑year level at 20.47; Sep eases to 19.31.

Understanding cost-per-thousand-impressions benchmarks on Facebook Ads in industry All industries available and All countries available helps advertisers make more efficient budget and creative choices.

Understanding the Data

Insights & analysis of Facebook advertising costs

Cost Per Mille (CPM) is the cost advertisers pay for 1,000 impressions of their Facebook ad. Different industries see varying ad costs due to market competition, user demographics, and conversion value. Geographic targeting affects ad costs based on market competition and user engagement in different regions. 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.

What affects CPM rates on Facebook Ads?

CPMs are heavily influenced by competition, seasonality (e.g., Q4 costs more), audience size, and ad quality. Smaller audiences and lower relevance scores often lead to higher CPMs.

Why does my CPM vary so much between campaigns?

Different campaign objectives, bidding strategies, and even time of day can change your CPM. For example, conversion campaigns usually have higher CPMs than traffic ones. Also, broad targeting tends to drive lower CPMs.

What's a competitive CPM for 2025?

In most industries, CPMs range from $5 to $18 depending on the region and objective. Retail and e-comm campaigns often sit at the higher end. Our live data above shows a breakdown by country and industry.

Does audience size or targeting affect CPM more?

Both matter, but audience quality (intent + match with your offer) usually has more impact than pure size. However, extremely tight audiences often lead to expensive CPMs due to limited delivery opportunities.

Should I worry more about CPM or CPC?

Depends on your goal. For awareness, CPM is more relevant. For performance campaigns, CPC and CPA matter more. But all are connected—inefficient CPMs can inflate your entire funnel.

Discover CPM benchmarks by campaign type

Explore how different campaign objectives affect your CPM performance: