What’s a good CPC for a Leads campaign on Meta Ads?

CPC for Leads campaigns tends to run higher than Traffic, since Meta is working to find people more likely to actually fill out a form, not just click through out of curiosity.

TierRangeWhat it means
Below averageOver $2.3Clicks are costing more than typical for a Leads campaign. Could mean the audience is narrow or highly competitive, worth checking.
Average$1.7 – $2.3A normal cost per click for lead generation.
Above average$1.2 – $1.7Cheaper than typical, usually a sign the targeting and offer are well matched.
ExcellentUnder $1.2A very efficient cost per click for lead generation.
IndustryBelow averageAverageAbove averageExcellent
E-commerce & RetailNo reliable industry-specific data, the general benchmark above applies.
Local & Home ServicesOver $3.1$2 – $3.1$1.25 – $2Under $1.25
Legal & FinanceOver $5.75$3.7 – $5.75$2.25 – $3.7Under $2.25
Health & Wellness & FitnessOver $3.7$2.35 – $3.7$1.45 – $2.35Under $1.45
B2B & Professional ServicesOver $2.73$1.75 – $2.73$1.07 – $1.75Under $1.07
EducationOver $2.3$1.5 – $2.3$0.9 – $1.5Under $0.9
Local & Home Services: These figures come from WordStream's “Home & Home Improvement” category, covering the Traffic and Leads campaign objectives. No CPM, ROAS, or Sales-objective benchmark data for this industry could be found in any source, and Frequency has no industry-specific data anywhere, so those fall back to the general benchmark.
Legal & Finance: This industry bucket combines legal and financial services. The Traffic and Leads figures shown here come specifically from WordStream's “Attorneys & Legal Services” category, since “Finance & Insurance” coverage in the same report was incomplete. CPM, ROAS, Sales-objective, and Frequency data for this industry was too sparse or too inconsistent between sources to build a reliable number from, so those fall back to the general benchmark.
Health & Wellness & Fitness: Traffic and Leads figures come from WordStream's “Health & Fitness” category. Sales-objective CTR, CPM, ROAS, and CPA come from Triple Whale's real ad-spend analysis of the Health & Wellness industry (Aug 2025 to Jul 2026). Sales-objective CPC isn't included since the only figure found for it was several years out of date, so that one falls back to the general benchmark, as does Frequency.
B2B & Professional Services: Traffic-objective figures come from WordStream's “Business Services” category. Leads-objective figures come from Metadata.io's 2025 B2B report (71 advertisers, $57.6 million in tracked spend), since WordStream doesn't publish Leads-objective data for Business Services. CPM, ROAS, Sales-objective, and Frequency data was too sparse or unverifiable to trust for this industry, so those fall back to the general benchmark.
Education: Traffic and Leads figures come from WordStream's “Education” category. Sales-objective CTR, CPM, ROAS, and CPA come from Triple Whale's real ad-spend analysis of the narrower “E-learning & Online Courses” category, the closest available match. Sales-objective CPC comes from Vaizle's 2025 study. Frequency has no industry-specific data anywhere, so it falls back to the general benchmark.

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Clicks are costing more than typical for a Leads campaign. Could mean the audience is narrow or highly competitive, worth checking.

A normal cost per click for lead generation.

Cheaper than typical, usually a sign the targeting and offer are well matched.

A very efficient cost per click for lead generation.

Other metrics for a Leads campaign
Sources

Adamigo provided the cleanest full Leads-objective breakdown (CTR, CPC, CPM, CPL, conversion rate), cross-checked against Hawky and theedigital, which agreed closely on CTR, CPC, and CPL. CPM bands are synthesized from Adamigo's stated range with the below-average threshold set a bit lower for a more usable spread.