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CPC, Cost Per Lead & Conversion Rates by Industry

If you’re looking at how Google Ads performance has evolved, it’s important to understand where things started.

This page breaks down real Google Ads performance across industries using data from accounts we’ve worked with and analyzed, giving you a baseline view of costs, conversion rates, and performance trends in 2023.

2023 Google Ads Benchmarks

Here’s how performance has trended over time:

2023 Industry Benchmarks

IndustryAccountsSpendImpressionsClicksConversionsCTRCVRCPCCPAConv ValueConv Value / CostZero-Conv Accounts
Painting & Surface Coatings24$528,490.504,338,256.00162,456.006,756.623.74%4.16%$3.25$78.22$0.0001
Home Services12$439,676.309,102,734.0084,492.0012,619.420.93%14.94%$5.20$34.84$0.0003
Health & Wellness4$438,360.3025,430,259.00316,520.0030,030.131.24%9.49%$1.38$14.60$0.0000
Windows / Doors / Garage14$408,688.90671,680.0034,244.004,404.025.10%12.86%$11.93$92.80$0.0000
Retail & Ecommerce8$285,483.1026,155,659.00290,437.0024,552.981.11%8.45%$0.98$11.63$0.0000
Legal5$147,200.1010,658,356.0042,689.005,158.450.40%12.08%$3.45$28.54$0.0000
Technology / SaaS3$121,731.303,070,069.0047,651.005,627.971.55%11.81%$2.55$21.63$0.0000
Manufacturing / Industrial3$90,087.0611,201,886.00101,489.00866.000.91%0.85%$0.89$104.03$0.0000
Roofing3$53,102.27133,162.003,635.00401.002.73%11.03%$14.61$132.42$0.0000
Automotive / Transport2$53,045.756,588,949.0052,167.00617.730.79%1.18%$1.02$85.87$0.0000
Healthcare6$47,440.50394,573.0017,155.001,798.514.35%10.48%$2.77$26.38$0.0001
Education & Training3$46,933.80645,705.0020,640.001,310.803.20%6.35%$2.27$35.81$0.0000
Professional Services4$44,239.557,552,010.0038,080.008,398.630.50%22.06%$1.16$5.27$0.0000
Entertainment & Events3$26,052.332,802,804.0034,100.004,522.371.22%13.26%$0.76$5.76$0.0000
Veterinary / Pet1$14,537.67178,661.0014,669.003,282.008.21%22.37%$0.99$4.43$0.0000
Vision / Eye Care1$11,182.51533,264.006,172.001,036.001.16%16.79%$1.81$10.79$0.0000
Insurance / Financial2$10,409.304,074,082.008,722.001,308.920.21%15.01%$1.19$7.95$0.0000
Government / Nonprofit3$7,124.2312,906.001,253.00229.289.71%18.30%$5.69$31.07$0.0002
Restaurant / Hospitality1$4,122.07607,490.0014,037.003,082.002.31%21.96%$0.29$1.34$0.0000

2023 Industry Networks Performance

IndustryNetworkSpendClicksImpressionsConversionsConv ValueCTRCVRCPCCPA
Automotive / TransportCross-network$67,708.8489,018.0019,502,387.009,916.18$114,820.200.0045640.111395$0.76$6.83
Automotive / TransportDiscover$0.000.000.000.00$0.00
Automotive / TransportGmail$0.000.000.000.00$0.00
Automotive / TransportGoogle Display Network$0.000.000.000.00$0.00
Automotive / TransportGoogle Search$40,697.2210,614.00538,602.00702.00$4,839.960.0197070.066139$3.83$57.97
Automotive / TransportGoogle TV$0.000.000.000.00$0.00
Automotive / TransportGoogle owned channels$0.000.000.000.00$0.00
Automotive / TransportMaps$0.000.000.000.00$0.00
Automotive / TransportSearch partners$1,836.391,169.00200,274.0025.00$179.950.0058370.021386$1.57$73.46
Automotive / TransportYouTube$0.000.000.000.00$0.00
Education & TrainingCross-network$949.401,275.00402,136.00211.00$187.000.0031710.16549$0.74$4.50
Education & TrainingDiscover$0.000.000.000.00$0.00
Education & TrainingGmail$0.000.000.000.00$0.00
Education & TrainingGoogle Display Network$0.180.003.000.00$0.000infinf
Education & TrainingGoogle Search$45,846.9319,281.00227,579.001,093.80$503.000.0847220.056729$2.38$41.92
Education & TrainingGoogle TV$0.000.000.000.00$0.00
Education & TrainingGoogle owned channels$0.000.000.000.00$0.00
Education & TrainingMaps$0.000.000.000.00$0.00
Education & TrainingSearch partners$8.836.00599.000.00$0.000.0100170$1.47inf
Education & TrainingYouTube$128.4778.0015,388.006.00$96.000.0050690.076923$1.65$21.41
Entertainment & EventsCross-network$5,790.5915,697.001,245,425.001,434.10$7,123.730.0126040.091361$0.37$4.04
Entertainment & EventsDiscover$0.000.000.000.00$0.00
Entertainment & EventsGmail$0.000.000.000.00$0.00
Entertainment & EventsGoogle Display Network$2,125.944,414.001,435,976.00235.48$0.000.0030740.053348$0.48$9.03
Entertainment & EventsGoogle Search$17,985.6413,655.00109,846.002,834.79$58,308.080.124310.207601$1.32$6.34
Entertainment & EventsGoogle TV$0.000.000.000.00$0.00
Entertainment & EventsGoogle owned channels$0.000.000.000.00$0.00
Entertainment & EventsMaps$0.000.000.000.00$0.00
Entertainment & EventsSearch partners$150.16334.0011,557.0018.00$258.720.02890.053892$0.45$8.34
Entertainment & EventsYouTube$0.000.000.000.00$0.00
Government / NonprofitCross-network$0.000.000.000.00$0.00
Government / NonprofitDiscover$0.000.000.000.00$0.00
Government / NonprofitGmail$0.000.000.000.00$0.00
Government / NonprofitGoogle Display Network$0.000.000.000.00$0.00
Government / NonprofitGoogle Search$7,124.231,253.0012,906.00229.28$452.510.0970870.182985$5.69$31.07
Government / NonprofitGoogle TV$0.000.000.000.00$0.00
Government / NonprofitGoogle owned channels$0.000.000.000.00$0.00
Government / NonprofitMaps$0.000.000.000.00$0.00
Government / NonprofitSearch partners$0.000.000.000.00$0.00
Government / NonprofitYouTube$0.000.000.000.00$0.00
Health & WellnessCross-network$263,016.40215,764.0023,250,076.0011,334.56$825,215.200.009280.052532$1.22$23.20
Health & WellnessDiscover$0.000.000.000.00$0.00
Health & WellnessGmail$0.000.000.000.00$0.00
Health & WellnessGoogle Display Network$43.14180.009,888.000.00$0.000.0182040$0.24inf
Health & WellnessGoogle Search$172,581.1097,272.001,982,800.0018,280.57$505,033.700.0490580.187932$1.77$9.44
Health & WellnessGoogle TV$0.000.000.000.00$0.00
Health & WellnessGoogle owned channels$0.000.000.000.00$0.00
Health & WellnessMaps$0.000.000.000.00$0.00
Health & WellnessSearch partners$885.062,522.00158,120.00393.00$383.040.015950.155829$0.35$2.25
Health & WellnessYouTube$0.000.000.000.00$0.00
HealthcareCross-network$6,082.762,802.00213,547.00111.51$83.510.0131210.039797$2.17$54.55
HealthcareDiscover$0.000.000.000.00$0.00
HealthcareGmail$0.000.000.000.00$0.00
HealthcareGoogle Display Network$0.000.000.000.00$0.00
HealthcareGoogle Search$27,353.868,297.00108,220.00257.00$156.000.0766680.030975$3.30$106.44
HealthcareGoogle TV$0.000.000.000.00$0.00
HealthcareGoogle owned channels$0.000.000.000.00$0.00
HealthcareMaps$0.000.000.000.00$0.00
HealthcareSearch partners$671.09840.005,733.003.00$2.000.146520.003571$0.80$223.70
HealthcareYouTube$0.000.000.000.00$0.00
Home ServicesCross-network$14,559.2428,770.005,633,007.008,345.57$13,419.670.0051070.290079$0.51$1.74
Home ServicesDiscover$0.000.000.000.00$0.00
Home ServicesGmail$0.000.000.000.00$0.00
Home ServicesGoogle Display Network$488.431,111.00116,021.005.00$5.000.0095760.0045$0.44$97.69
Home ServicesGoogle Search$388,097.9033,223.00409,656.003,126.39$22,117.290.08110.094103$11.68$124.14
Home ServicesGoogle TV$0.000.000.000.00$0.00
Home ServicesGoogle owned channels$0.000.000.000.00$0.00
Home ServicesMaps$0.000.000.000.00$0.00
Home ServicesSearch partners$18,297.006,432.0082,699.00133.00$3,458.000.0777760.020678$2.84$137.57
Home ServicesYouTube$0.112.0019.000.00$0.000.1052630$0.06inf
Insurance / FinancialCross-network$3,733.874,786.003,827,331.00887.00$887.000.001250.185332$0.78$4.21
Insurance / FinancialDiscover$0.000.000.000.00$0.00
Insurance / FinancialGmail$0.000.000.000.00$0.00
Insurance / FinancialGoogle Display Network$756.031,516.00220,877.008.98$0.000.0068640.005923$0.50$84.19
Insurance / FinancialGoogle Search$5,744.362,341.0024,254.00406.94$285.000.096520.173832$2.45$14.12
Insurance / FinancialGoogle TV$0.000.000.000.00$0.00
Insurance / FinancialGoogle owned channels$0.000.000.000.00$0.00
Insurance / FinancialMaps$0.000.000.000.00$0.00
Insurance / FinancialSearch partners$175.0479.001,620.006.00$1.000.0487650.075949$2.22$29.17
Insurance / FinancialYouTube$0.000.000.000.00$0.00
LegalCross-network$9,526.2917,634.008,934,858.002,564.75$2,988.250.0019740.145443$0.54$3.71
LegalDiscover$0.000.000.000.00$0.00
LegalGmail$0.000.000.000.00$0.00
LegalGoogle Display Network$3,926.265,039.001,532,169.0016.00$16.250.0032890.003175$0.78$245.39
LegalGoogle Search$126,570.4018,210.00170,112.002,532.70$2,569.700.1070470.139083$6.95$49.97
LegalGoogle TV$0.000.000.000.00$0.00
LegalGoogle owned channels$0.000.000.000.00$0.00
LegalMaps$0.000.000.000.00$0.00
LegalSearch partners$7,177.151,806.0021,217.0045.00$48.500.085120.024917$3.97$159.49
LegalYouTube$0.000.000.000.00$0.00
Manufacturing / IndustrialCross-network$47,024.6883,390.008,485,230.00605.23$299,924.400.0098280.007258$0.56$77.70
Manufacturing / IndustrialDiscover$0.000.000.000.00$0.00
Manufacturing / IndustrialGmail$0.000.000.000.00$0.00
Manufacturing / IndustrialGoogle Display Network$3,084.512,500.002,221,953.002.00$1,630.310.0011250.0008$1.23$1,542.26
Manufacturing / IndustrialGoogle Search$38,458.9614,027.00172,542.00243.77$156,263.600.0812960.017379$2.74$157.77
Manufacturing / IndustrialGoogle TV$0.000.000.000.00$0.00
Manufacturing / IndustrialGoogle owned channels$0.000.000.000.00$0.00
Manufacturing / IndustrialMaps$0.000.000.000.00$0.00
Manufacturing / IndustrialSearch partners$1,518.911,572.00322,161.0015.00$3,709.410.004880.009542$0.97$101.26
Manufacturing / IndustrialYouTube$0.000.000.000.00$0.00
Painting & Surface CoatingsCross-network$104,534.5027,274.00859,881.001,519.58$5,762.080.0317180.055715$3.83$68.79
Painting & Surface CoatingsDiscover$0.000.000.000.00$0.00
Painting & Surface CoatingsGmail$0.000.000.000.00$0.00
Painting & Surface CoatingsGoogle Display Network$7,593.4122,081.001,880,183.0012.00$9.000.0117440.000543$0.34$632.78
Painting & Surface CoatingsGoogle Search$349,327.1069,702.00997,068.003,054.04$43,125.840.0699070.043816$5.01$114.38
Painting & Surface CoatingsGoogle TV$0.000.000.000.00$0.00
Painting & Surface CoatingsGoogle owned channels$0.000.000.000.00$0.00
Painting & Surface CoatingsMaps$0.000.000.000.00$0.00
Painting & Surface CoatingsSearch partners$100,483.4047,619.00547,302.002,477.00$3,501.000.0870070.052017$2.11$40.57
Painting & Surface CoatingsYouTube$931.03177.00174,023.0082.00$82.000.0010170.463277$5.26$11.35
Professional ServicesCross-network$9,369.0515,623.007,106,696.003,311.01$3,311.580.0021980.211932$0.60$2.83
Professional ServicesDiscover$0.000.000.000.00$0.00
Professional ServicesGmail$0.000.000.000.00$0.00
Professional ServicesGoogle Display Network$875.691,592.00232,927.009.98$1.250.0068350.006269$0.55$87.74
Professional ServicesGoogle Search$32,277.8219,581.00174,696.005,021.64$4,083.580.1120860.256455$1.65$6.43
Professional ServicesGoogle TV$0.000.000.000.00$0.00
Professional ServicesGoogle owned channels$0.000.000.000.00$0.00
Professional ServicesMaps$0.000.000.000.00$0.00
Professional ServicesSearch partners$1,716.991,284.0037,691.0056.00$36.730.0340660.043614$1.34$30.66
Professional ServicesYouTube$0.000.000.000.00$0.00
Restaurant / HospitalityCross-network$4,122.0714,037.00607,490.003,082.00$3,082.000.0231070.219563$0.29$1.34
Restaurant / HospitalityDiscover$0.000.000.000.00$0.00
Restaurant / HospitalityGmail$0.000.000.000.00$0.00
Restaurant / HospitalityGoogle Display Network$0.000.000.000.00$0.00
Restaurant / HospitalityGoogle Search$0.000.000.000.00$0.00
Restaurant / HospitalityGoogle TV$0.000.000.000.00$0.00
Restaurant / HospitalityGoogle owned channels$0.000.000.000.00$0.00
Restaurant / HospitalityMaps$0.000.000.000.00$0.00
Restaurant / HospitalitySearch partners$0.000.000.000.00$0.00
Restaurant / HospitalityYouTube$0.000.000.000.00$0.00
Retail & EcommerceCross-network$126,623.50102,389.0011,478,025.001,878.10$380,566.500.008920.018343$1.24$67.42
Retail & EcommerceDiscover$0.000.000.000.00$0.00
Retail & EcommerceGmail$0.000.000.000.00$0.00
Retail & EcommerceGoogle Display Network$13,009.1647,357.004,846,916.0019,367.78$19,386.060.0097710.408974$0.27$0.67
Retail & EcommerceGoogle Search$142,519.70135,414.009,055,871.003,299.10$236,695.200.0149530.024363$1.05$43.20
Retail & EcommerceGoogle TV$0.000.000.000.00$0.00
Retail & EcommerceGoogle owned channels$0.000.000.000.00$0.00
Retail & EcommerceMaps$0.000.000.000.00$0.00
Retail & EcommerceSearch partners$1,179.283,699.00271,233.008.00$164.890.0136380.002163$0.32$147.41
Retail & EcommerceYouTube$2,151.491,578.00503,614.000.00$0.000.0031330$1.36inf
RoofingCross-network$1,092.79969.0071,646.0030.00$87.000.0135250.03096$1.13$36.43
RoofingDiscover$0.000.000.000.00$0.00
RoofingGmail$0.000.000.000.00$0.00
RoofingGoogle Display Network$22.1819.002,425.0014.00$56.000.0078350.736842$1.17$1.58
RoofingGoogle Search$52,047.073,249.0068,505.00362.00$624.000.0474270.111419$16.02$143.78
RoofingGoogle TV$0.000.000.000.00$0.00
RoofingGoogle owned channels$0.000.000.000.00$0.00
RoofingMaps$0.000.000.000.00$0.00
RoofingSearch partners$4,162.93341.005,838.0059.00$212.000.058410.173021$12.21$70.56
RoofingYouTube$0.000.000.000.00$0.00
Technology / SaaSCross-network$3,602.7410,326.00485,631.003,312.00$587.000.0212630.320744$0.35$1.09
Technology / SaaSDiscover$0.000.000.000.00$0.00
Technology / SaaSGmail$0.000.000.000.00$0.00
Technology / SaaSGoogle Display Network$4,906.7915,026.002,287,354.0072.00$307.000.0065690.004792$0.33$68.15
Technology / SaaSGoogle Search$96,354.0917,448.00222,545.001,766.97$15,299.850.0784020.101271$5.52$54.53
Technology / SaaSGoogle TV$0.000.000.000.00$0.00
Technology / SaaSGoogle owned channels$0.000.000.000.00$0.00
Technology / SaaSMaps$0.000.000.000.00$0.00
Technology / SaaSSearch partners$16,867.644,851.0074,539.00477.00$246.000.065080.09833$3.48$35.36
Technology / SaaSYouTube$0.000.000.000.00$0.00
Veterinary / PetCross-network$219.72687.0057,037.0092.00$92.570.0120450.133916$0.32$2.39
Veterinary / PetDiscover$0.000.000.000.00$0.00
Veterinary / PetGmail$0.000.000.000.00$0.00
Veterinary / PetGoogle Display Network$0.000.003.000.00$0.000
Veterinary / PetGoogle Search$13,999.5113,447.00100,988.003,165.00$3,192.880.1331540.235368$1.04$4.42
Veterinary / PetGoogle TV$0.000.000.000.00$0.00
Veterinary / PetGoogle owned channels$0.000.000.000.00$0.00
Veterinary / PetMaps$0.000.000.000.00$0.00
Veterinary / PetSearch partners$318.44535.0020,633.0025.00$25.230.0259290.046729$0.60$12.74
Veterinary / PetYouTube$0.000.000.000.00$0.00
Vision / Eye CareCross-network$0.000.000.000.00$0.00
Vision / Eye CareDiscover$0.000.000.000.00$0.00
Vision / Eye CareGmail$0.000.000.000.00$0.00
Vision / Eye CareGoogle Display Network$3,451.363,000.00332,206.00340.00$339.000.0090310.113333$1.15$10.15
Vision / Eye CareGoogle Search$6,843.772,423.00197,904.00695.00$666.000.0122430.286835$2.82$9.85
Vision / Eye CareGoogle TV$0.000.000.000.00$0.00
Vision / Eye CareGoogle owned channels$0.000.000.000.00$0.00
Vision / Eye CareMaps$0.000.000.000.00$0.00
Vision / Eye CareSearch partners$887.37749.003,154.001.00$1.000.2374760.001335$1.18$887.37
Vision / Eye CareYouTube$0.000.000.000.00$0.00
Windows / Doors / GarageCross-network$8,336.948,065.00407,304.00519.28$519.280.0198010.064387$1.03$16.05
Windows / Doors / GarageDiscover$0.000.000.000.00$0.00
Windows / Doors / GarageGmail$0.000.000.000.00$0.00
Windows / Doors / GarageGoogle Display Network$78.3624.003,672.000.00$0.000.0065360$3.27inf
Windows / Doors / GarageGoogle Search$392,864.7025,201.00250,714.003,802.74$8,729.690.1005170.150896$15.59$103.31
Windows / Doors / GarageGoogle TV$0.000.000.000.00$0.00
Windows / Doors / GarageGoogle owned channels$0.000.000.000.00$0.00
Windows / Doors / GarageMaps$0.000.000.000.00$0.00
Windows / Doors / GarageSearch partners$7,408.91954.009,990.0082.00$48.000.0954950.085954$7.77$90.35
Windows / Doors / GarageYouTube$0.000.000.000.00$0.00

Key Network Insights (2023)

  • Google Search dominated performance across nearly all industries, accounting for the majority of both spend and conversions
  • Display and YouTube were used more sparingly, primarily contributing impressions rather than direct conversions
  • Search Partners provided additional reach, though performance was inconsistent depending on account setup and industry
  • Most industries relied heavily on Search campaigns with limited diversification into other networks
  • Conversion rates were strongest on Search, with significantly lower CVR observed on Display and YouTube traffic
  • Cost per acquisition was generally lowest and most stable on Search, while other networks showed higher variability
  • Many accounts showed little to no usage of YouTube or Display, reflecting a more Search-focused strategy overall

 

The 2023 data reflects a strong reliance on Search campaigns, with limited use of other networks compared to more diversified strategies seen in later years.

Key Takeaways for 2023

Lower Cost Baseline Across Most Industries

Compared to later years:

  • CPC was generally lower
  • competition was less aggressive
  • cost per lead was more favorable in many industries

This made 2023 a strong baseline for comparison.

More Stable Performance Across Accounts

In 2023, we saw:

  • more consistent performance across industries
  • less volatility in results
  • clearer benchmarks for cost and conversion rates

Conversion Rates Were More Predictable

Across most industries:

  • conversion rates remained relatively stable
  • less variation between accounts
  • fewer extreme outliers

Early Signs of Increasing Competition

While costs were lower overall:

  • competition was beginning to increase
  • more advertisers entering the space
  • early upward pressure on CPC


Industry Highlights

Painting & Surface Coatings

  • strong baseline performance
  • stable conversion rates
  • predictable costs

Home Services

  • consistent demand
  • moderate competition
  • reliable lead flow

Legal

  • already high CPC
  • competitive market
  • strong lead value

Retail & Ecommerce

  • strong conversion volume
  • high activity
  • performance tied to tracking accuracy

Health & Wellness

  • high search volume
  • strong demand
  • solid conversion potential

What This Means for Your Business

If you were running Google Ads in 2023:

You likely experienced:

  • lower costs
  • more predictable performance
  • less aggressive competition


This year serves as a:

  • baseline for understanding cost increases
  • reference point for performance trends
  • foundation for comparing future optimization

How to Use These Benchmarks

These numbers give you a realistic performance range, not a guarantee.

Your results will vary based on:

  • your location
  • competition in your area
  • your website and landing pages
  • how well your campaigns are structured

Compare Your Performance

If your current results are:

  • significantly above average CPL
  • inconsistent lead flow
  • or unclear performance

There’s usually a fixable reason.

Want Help Improving Your Painting Ads?

We specialize in Google Ads for service-based businesses, including painting companies.

We’ll show you:

  • how your account compares to industry benchmarks
  • what’s working
  • what’s likely costing you money
Secret Link