Facebook Ads Insights Tool

Facebook Ads CPM Benchmarks in Singapore

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

CPM (Cost Per Mille) in Singapore

November 2024 - November 2025

Insights

Detailed observation of presented data

Introduction

Across all industries in Singapore, Facebook Ads CPMs sat well below the global benchmark for most of the period, then accelerated sharply into late 2025. The market opened relatively elevated in November 2024, softened through mid‑year, and rebounded with conviction in Q3 before a steep Q4 lift that narrowed the gap with global rates to its tightest point. Volatility was a touch higher than the global pattern, with several standout swings around mid‑year and again in October–November.

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.

The story in the data

  • Starting point vs. finish: Singapore’s CPM moved from $10.75 in November 2024 to $16.38 in November 2025, a 52% increase.
  • Average, highs, lows: The market averaged $9.49 over 13 months, bottomed at $6.59 in June 2025, and peaked at $16.38 in November 2025 — a $9.80 range, or roughly 1.0x the annual average.
  • Monthly movement: The sharpest decline landed in December 2024 (−$2.63), followed by another step down into February (−$0.32). A March rebound (+$1.76) gave way to a Q2 trough, highlighted by June’s drop (−$1.28). Momentum turned decisively upward in July (+$2.56), continued through August (+$1.28), paused in September (−$0.71), then accelerated in October (+$2.51) and November (+$4.16).
  • Volatility: Average absolute month‑over‑month change was $1.57, indicating brisker swings than the global benchmark’s $1.31.

Seasonal and monthly dynamics

Seasonality shows through clearly. CPMs moderated after the initial November 2024 reading, with December softness and a subdued Q1 that lifted in March. Q2 was the lightest stretch, culminating in June’s low. Q3 brought a healthier rhythm — July’s jump, August’s climb, and a mild September breather — before an emphatic Q4 run‑up. This late‑year escalation aligns with typical year‑end competition, though Singapore’s peak arrived in November, not October.

Globally, CPMs also reflected seasonal pressure but followed a different cadence: a strong November 2024 gave way to early‑year lows (January was the trough at $17.77), a mid‑year plateau, an October crest at $21.19, and an easing to $19.46 in November 2025.

Country vs. Global

  • Level comparison: Singapore averaged $9.49 versus the global $19.77 — 52% below the global benchmark on average.
  • Trajectory: While the global series declined 20% from November 2024 to November 2025 (from $24.26 to $19.46), Singapore surged 52% over the same span.
  • Gap dynamics: Singapore typically trailed global CPMs by 40–60% across the year. The widest gap appeared in June (66% below), while the narrowest arrived in November 2025 (just 16% below), underscoring how Q4 compressed the distance.
  • Stability: With $1.57 average monthly swing in Singapore versus $1.31 globally, the local market was more volatile than the global benchmark.

Closing

This CPM analysis provides Facebook Ads benchmarks for all industries in Singapore, highlighting country‑specific ad costs that trailed global levels most of the year but rallied sharply into Q4 2025. Understanding Facebook Ads cost‑per‑thousand‑impressions benchmarks for all industries in Singapore helps advertisers evaluate pricing dynamics and contextualize performance against global patterns.

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 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.

Optimize Smarter with Superads

Improve your Facebook ad performance

Instant performance insights – See which ads, audiences, and creatives drive results.

Data-driven creative decisions – Spot patterns to improve ROAS.

Effortless reporting – No spreadsheets, just clear insights.

Get Started for free →

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 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.