Determine how much each engagement costs in your marketing campaigns. Use this calculator to measure the efficiency of your social media, influencer, and interactive ads, helping you optimize for maximum audience interaction at the lowest cost.
Your CPE (Cost Per Engagement) is:
Cost Per Engagement (CPE) is the price an advertiser pays for any user interaction with an ad. This includes likes, comments, shares, saves, and clicks. The formula divides the total cost by the total number of these interactions.
Formula: CPE = Total Ad Spend / Total Engagements
Example: If you spent $150 on a Facebook ad and it received 3,000 total engagements:
$150 / 3,000 engagements = $0.05 CPE
A 'good' Cost Per Engagement can range from a few cents to over a dollar, depending heavily on the platform, industry, and audience. On Facebook, a CPE below $0.20 is often considered strong. The best benchmark is your own campaign history and aiming for a downward trend over time.
CPE is the cost for *any* interaction (like, share, click). CPC is the cost for a *link click only*. CPM is the cost for 1,000 *views*. CPE is a broader metric than CPC and is ideal for measuring the effectiveness of social media campaigns where all interactions have value.
CPE varies because user behavior and ad costs differ on each platform. An engagement on LinkedIn (e.g., a professional comment) is typically much more expensive to acquire than an engagement on TikTok (e.g., a like or share) due to differences in audience, competition, and user intent.