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

October 2024 - October 2025

Insights

Detailed observation of presented data

Key takeaways

  • Singapore’s cost-per-thousand-impressions (CPM) runs well below the global benchmark for most of the year: the average CPM in Singapore was 10.16 versus 19.65 globally (about 48% lower).
  • Seasonality is visible: both Singapore and the global trend peak in November, though Singapore’s Q4 lift is milder.
  • Volatility in Singapore is generally contained, with a sharp one-off spike in September 2025. Excluding that outlier, month-to-month changes are slightly steadier than the global average.
  • From the first to the last observed month, Singapore CPM rose by 363% due to the late spike, while the global series increased by 8.5%.

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

Singapore CPM overview (selected data)

  • Average: 10.16
  • High: 34.00 in September 2025
  • Low: 6.28 in October 2024
  • First-to-last change: +363% (from 7.34 in September 2024 to 34.00 in September 2025)
  • Volatility: average month-to-month move of 3.39 points; excluding the September 2025 surge, the average move was 1.56 points.
  • Notable movements:
  • Q4 2024: small seasonal bump—October 6.28, November 10.75 (peak), December 7.61; Q4 average 8.21.
  • H1 2025: tight range, mostly 6.57–9.07, indicating stable CPMs.
  • Late surge: August 2025 at 10.47 followed by a sharp increase to 34.00 in September 2025.

Global baseline overview

  • Average: 19.65
  • High: 24.67 in November 2024
  • Low: 17.80 in September 2024
  • First-to-last change: +8.5% (from 17.80 to 19.31)
  • Volatility: average month-to-month move of 1.68 points.
  • Clear seasonality: pronounced Q4 lift with a November peak; Q4 2024 average 21.88.

How Singapore compares to the global trend

  • Overall level: Singapore CPM averaged about half of the global CPM, placing it consistently below market.
  • Highs and lows:
  • For 12 of 13 months, Singapore stayed below the global level.
  • The exception was September 2025, when Singapore spiked to 34.00—about 76% above the global 19.31.
  • Seasonality:
  • Both series show a November peak, but Singapore’s Q4 lift is modest (10.75 vs. global 24.67 in November 2024).
  • Outside Q4, Singapore remains stably below global CPMs, especially through H1 2025.
  • Volatility:
  • Singapore’s underlying month-to-month variability (1.56 excluding the September 2025 spike) is slightly lower than the global 1.68, indicating generally steady CPMs until the late surge.

Month highlights for Singapore

  • Lows: October 2024 (6.28) and June 2025 (6.57) marked the most efficient inventory.
  • Seasonal bump: November 2024 reached 10.75, aligning with typical Q4 pressure seen globally.
  • Outlier: September 2025 jumped to 34.00, well above any other month in the series.

Understanding cost-per-thousand-impressions benchmarks on Facebook Ads in industry All industries available and Singapore 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 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 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.