Facebook Ads Insights Tool

Facebook Ads CPM Benchmarks in New Zealand

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

CPM (Cost Per Mille) in New Zealand

November 2024 - November 2025

Insights

Detailed observation of presented data

Facebook Ads CPM benchmarks: key takeaways

  • Based on $3B worth of advertising data, this analysis looks at cost-per-thousand-impressions trends for industry All industries available and target country New Zealand compared to the global trend.
  • Average CPM in New Zealand was $19.31, slightly below the global baseline at $19.80 (−2.5%), indicating generally below-market costs for most of the year.
  • Volatility was high in New Zealand: average month-to-month swing was $7.44 (38% of the average), versus a much steadier $1.60 (8%) globally.
  • High/low: New Zealand peaked at $55.58 in August and bottomed at $8.19 in February; the global peak was $24.67 (November) and the low was $17.97 (January).
  • From the first to last month, New Zealand CPM rose 124% (Oct to Sep), while the global series declined 5%.
  • Seasonality: the global trend shows a typical Q4 lift (November peak), while New Zealand diverged with a subdued Q4 and a sharp Q3 spike (July–August).

Overview of New Zealand CPM (All industries)

  • Averages and extremes:
  • Average: $19.31 across Oct 2024–Sep 2025.
  • High: $55.58 in August.
  • Low: $8.19 in February.
  • First-to-last change: $12.33 (Oct) to $27.61 (Sep), up 124%.
  • Volatility:
  • Average absolute month-to-month change: $7.44 (≈38% of the mean), signaling marked swings.
  • Largest MoM moves:
  • July: +$22.25 vs June (+126%).
  • August: +$15.70 vs July (+39%).
  • September: −$27.98 vs August (−50%).
  • Seasonality and patterns:
  • Q4 2024 was muted (Oct–Dec fell from $12.33 to $9.88) rather than rising.
  • Early 2025 dipped to a low in February ($8.19), then climbed through June ($17.63).
  • A pronounced Q3 surge peaked in August ($55.58), followed by a correction in September ($27.61) that remained above the earlier-year range.

Comparison to the global baseline

  • Level comparison:
  • Overall, New Zealand averaged 2.5% below the global CPM ($19.31 vs $19.80), broadly below market from October through June.
  • Monthly positioning:
  • Below market Oct–Jun (e.g., Nov: $13.47 NZ vs $24.67 global; −45%).
  • Above market Jul–Sep (Jul: $39.89 vs $19.14; +108%. Aug: $55.58 vs $20.47; +171%. Sep: $27.61 vs $19.31; +43%).
  • Highs and lows:
  • New Zealand’s peak ($55.58) was about 2.25x the global peak ($24.67).
  • New Zealand’s low ($8.19) was 55% below the global low ($17.97).
  • Stability:
  • New Zealand volatility (avg MoM $7.44) far exceeded the global baseline ($1.60), indicating sharper swings even though the annual average was similar.
  • Seasonality:
  • The global series shows the expected Q4 lift, peaking in November.
  • New Zealand diverged with a quiet Q4 and a dramatic Q3 spike, then a September normalization, though still above earlier 2025 levels.

Understanding cost-per-thousand-impressions benchmarks on Facebook Ads in industry All industries available and New Zealand 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. For campaigns targeting New Zealand, 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.

New Zealand Advertising Landscape

National Holidays

Jan 1New Year's Day
Jan 2Day after New Year's Day
Feb 6Waitangi Day
Apr 18Good Friday
Apr 21Easter Monday
Apr 25ANZAC Day
Jun 2King's Birthday
Jun 20Matariki
Oct 27Labour Day
Dec 25Christmas Day
Dec 26Boxing Day

Key Shopping Season

Late November–early December (Black Friday/Cyber Monday), Christmas season (Boxing Day sales), Mid‑year promotions (Matariki in June), Back-to-school (late January/early February)

Potential Advertising Impact

CPM and CPC might rise around Waitangi Day and ANZAC Day as public events increase media consumption. Matariki is new public holiday with growing awareness—advertising may see elevated competition. Late November–December Black Friday/Cyber Monday could drive ad costs significantly. Regional anniversary holidays may cause local inventory shifts.

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.