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Meta Ads Glossary

CPA (cost per acquisition)

CPA is what you pay for each conversion, like a purchase, lead or install: ad spend divided by conversions.

Cost per acquisition (or cost per action, or cost per result in Meta) is the number most ad accounts should be judged on.

How to calculate CPA

CPA = spend ÷ conversions

It breaks down into three parts: CPA = CPM ÷ (CTR × conversion rate × 1,000). Cheaper impressions, more clicks or better conversion all lower it.

What's a normal CPA on Meta?

Across US accounts spending $100K+ (mid-July to mid-October 2026), the median cost per purchase for ecommerce brands was $58, with a range of $17 to $374. The median cost per lead was $40. The median brand's cost per purchase was 46% of its average order value.

What actually moves it

Within each brand, post-click conversion rate explained about 85% of the difference in cost per purchase between ads. CPM explained about 20%. CTR explained close to none.

Full data: Facebook ads cost and what predicts cost per purchase.

Related: ROAS, AOV.

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