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CPC, Cost Per Lead & Conversion Rates by Industry

If you’re looking at Google Ads performance heading into 2025, one of the most important questions is:

What did performance look like last year?

This page breaks down real Google Ads performance across industries using data from accounts we’ve worked with and analyzed, giving you a clear view of costs, conversion rates, and trends from 2024.

2024 Google Ads Benchmarks (2023–2025)

Here’s how performance has trended over time:

2024 Industry Benchmarks

IndustryAccountsSpendImpressionsClicksConversionsCTRCVRCPCCPAConv ValueConv Value / CostZero-Conv Accounts
Painting & Surface Coatings28$672,906.3112,389,953266,80410254.82.20%3.80%$2.52$65.62$167,391.4824.88%1
Health & Wellness5$572,531.1627,077,514331,05221384.51.20%6.50%$1.73$26.77$1,790,585.65312.75%1
Windows / Doors / Garage14$546,744.692,171,251111,3347630.85.10%6.90%$4.91$71.65$7,161.421.31%0
Home Services16$520,689.1734,912,438142,943277070.40%19.40%$3.64$18.79$186,874.0135.89%0
Retail & Ecommerce10$414,198.1627,894,777449,18827133.21.60%6.00%$0.92$15.27$2,295,334.43554.16%1
Legal5$219,536.201,244,62635,4242911.62.80%8.20%$6.20$75.40$3,752.381.71%0
Technology / SaaS4$96,923.66776,16332,18521764.10%6.80%$3.01$44.54$667.810.69%0
Professional Services6$95,967.149,934,819103,44624163.81.00%23.40%$0.93$3.97$71,808.8174.83%1
Healthcare6$93,530.524,131,09162,14617739.21.50%28.50%$1.51$5.27$59,890.8364.03%1
Roofing3$66,903.54188,7286,839348.83.60%5.10%$9.78$191.79$217.830.33%1
Automotive / Transport2$52,475.504,301,15223,694527.50.60%2.20%$2.21$99.48$70,703.49134.74%0
Veterinary / Pet1$38,734.001,730,78428,6464393.51.70%15.30%$1.35$8.82$13,533.2234.94%0
Entertainment & Events3$30,286.89922,65922,871639.12.50%2.80%$1.32$47.39$21,948.0372.47%1
Restaurant / Hospitality1$22,036.5012,111,34430,89020470.20.30%66.30%$0.71$1.08$20,467.1792.88%1
Education & Training3$21,408.24161,6428,7401925.40%2.20%$2.45$111.50$124.000.58%0
Manufacturing / Industrial3$20,701.112,557,04127,9563201.10%1.10%$0.74$64.69$44,244.63213.73%0
Vision / Eye Care3$14,156.28303,3226,0446042.00%10.00%$2.34$23.44$574.004.05%1
Government / Nonprofit4$13,683.31316,8244,3445191.40%11.90%$3.15$26.36$537.003.92%0
Insurance / Financial3$11,772.904,112,33813,4112764.50.30%20.60%$0.88$4.26259122.01%0

Key Takeaways for 2024

Costs Continued to Increase Across Most Industries

In 2024, we saw:

  • rising CPC across competitive industries
  • increased competition in local markets
  • higher cost for high-intent keywords

This was especially noticeable in:

  • Legal
  • Insurance / Financial
  • Home Services

Conversion Rates Were Mixed Across Industries

Some industries maintained:

  • stable conversion rates
  • predictable performance

While others saw:

  • increased variability
  • larger gaps between well-structured and poorly structured accounts

Efficiency Varied Significantly by Account Structure

Across the dataset:

  • well-managed accounts maintained strong performance
  • poorly structured campaigns struggled with higher CPL
  • tracking accuracy played a major role in results

Zero-Conversion Accounts Highlight Wasted Spend

A portion of accounts:

  • generated no conversions
  • continued spending without measurable results

This reinforces the importance of:

  • proper setup
  • accurate tracking
  • ongoing optimization

Industry Highlights

Painting & Surface Coatings

  • consistent performance
  • predictable costs
  • strong baseline industry


Home Services

  • competitive landscape
  • mixed efficiency depending on setup
  • strong demand

Legal

  • high CPC
  • aggressive competition
  • high-value leads

Retail & Ecommerce

  • strong conversion volume
  • high reported return (depending on tracking)
  • performance tied heavily to product and setup

Health & Wellness

  • strong demand
  • good conversion potential
  • increasing competition

What This Means for Your Business

If you were running Google Ads in 2024:

You likely experienced:

  • rising costs
  • increased competition
  • varying efficiency depending on setup

Moving forward, success depends on:

  • accurate conversion tracking
  • strong campaign structure
  • high-intent targeting

Avoid:

  • broad targeting
  • relying on default campaign settings
  • optimizing for clicks instead of conversions



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