Average CPL by Platform
See the average cost per lead on Meta, Google, and LinkedIn Ads for your industry, and where your budget is likely to work hardest.
Unlock your CPL by Platform results
Tell us a bit about your business and we'll unlock the calculator with benchmarks tailored to your industry.
What is cost per lead, and why does it matter?
Cost per lead (CPL) is what you pay, in advertising dollars, to generate a single new inquiry: a form fill, a phone call, a booked demo, or a quote request. It's one of the most useful numbers in paid marketing because it connects platform performance (impressions, clicks, conversions) with actual pipeline. Once you know your average CPL, you can work backwards from a revenue target to a defensible ad budget.
How CPL is calculated
CPL is simply total ad spend divided by total qualified leads over the same window. On Google Ads it's driven mostly by CPC and landing page conversion rate. On Meta it's driven by CPM, thumb-stop rate, and offer clarity. LinkedIn CPLs are typically 3 to 5 times higher than Meta because you're paying for job title targeting on a lower-volume auction, but the leads tend to be higher intent for B2B offers.
How to use this tool
- Enter your name, work email, and company to unlock the benchmarks.
- Select the industry that most closely matches your business.
- Review CPL on Meta, Google, and LinkedIn side by side.
- Use the CPC, CTR, and CVR context to build a realistic monthly budget.
Benchmarks are a starting point
The numbers here are directional industry averages, sourced from WordStream, The B2B House, and LinkedIn's own reporting. Your real CPL will move based on offer strength, creative quality, landing page conversion rate, geographic targeting, and how strict you are about what counts as a lead. Two agencies running the same $10k budget can hit wildly different CPLs on the same platform. Use the benchmark as your baseline, then measure your own account for 60 to 90 days to establish a real number to plan against.
Common questions
No. A $8 lead that never converts costs more than a $75 lead that closes. Optimize for cost per acquisition, not cost per lead, once you have enough data.
A useful rule of thumb: budget for at least 30 to 50 conversions per channel over a 30 day window. Multiply your benchmark CPL by 40 to get a realistic test budget.
No. The benchmarks reflect ad spend only. Add management fees separately when modeling your full acquisition cost.
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