In broad strokes terms, you are looking upwards of $40,000 when it comes to developing a full-fledged simple app that does one or maybe two functions. The more features are added, the longer will be the delivery time and the bill.
Note that this expense includes servers, computer hardware for processing, branding costs, payment to the developer, any software or feature subscriptions, and some initial marketing or fees.
Approximate costs of developing an app
Roughly, apps can cost anywhere from $40,000 to $300,000. A simple app can take anywhere from $40,000 to $60,000. A basic app with certain key features is estimated to cost in the range of $60,000 to $150,000. Lastly, a complex or advanced app will likely end up costing you $300,000 or more depending on the features.
More accurately, researchers at GoodFirms were able to pin down the average price of a simple app between $38,000 and $91,000. It’s not rare to find app developers who will charge significantly higher or lower than this average price.
What determines the cost of an app?
The answer to the question “How much does it cost to develop an app?” is not a simple one.
Many factors go into determining the cost of app development. The type of app you want to create, the functionality and features, the platform and operating system, and your budget all play a role in determining how much it will cost to develop an app.
With some simple math and research, you can determine what that price tag might be for your business. But how do you know if the price is right? This guide will walk through some questions to ask yourself before hiring an app developer.
Many factors can affect how much it costs to build an app and these include:
The complexity of the app
Some apps are sophisticated and take a lot of time and effort to develop while others are relatively simple. The more complex an app is, the more it will cost to build it.
The platform on which you want your app built
There are different platforms available for building mobile apps and each has its own associated costs which may vary depending on the developer’s experience with that platform.
The type of functionality that you want in your app
Functionality also impacts an app’s development costs. For example, if you want your app to have push notifications then this may increase its price tag compared with one that doesn’t offer such functionality.
Type of business you operate
The cost is also determined by the type of business you operate. If you are in a large organization or a large business, then it will be easy for you to find the required funding for developing an app. However, if your business is small or medium-sized, then it may not be easy for you to find funding for developing an app.
Don’t be a dummy – pin down the details first
Pin down all the details of your app. What features will it require, what functions will it perform, how will it look, etc. Don’t be too worried about giving in to stealing from your competitor brands – references are always good and pretty key to building a good app.
The cost of building an app can vary widely depending on the complexity of your project. There are several factors to consider when determining how much it will cost to build an app.
You have to be very clear from the very beginning about the workings of your app. You will not be expected to know about the actual code or how the app works. But you will be very much expected to know what the app will do and how will it do it.
Note that you are paying the app developer to code an app you have fully thought out. You are not paying them to think with you, analyze competition, or lend their mind in any other way to build an app from which only you will profit (unless you take them on board as a partner).
The cost of developing an app depends on the type of app you need and the number of features you require in it. Many factors can affect the cost of your app, which include:
- The platform – Android or iOS (Apple). Some apps do well on one of the two platforms whereas others have target customers spread evenly across the two. An app for Android will cost less than an app for iOS, which, in turn, will cost less than an app that is available on both.
- The location – where you want to develop your app. Depending on where you outsource the app, you will see fluctuating rates and varying levels of talent. For example, getting an app developed by a full-blown agency in Silicon Valley will get you a masterfully done end product for a fortune – so maybe it’s time to prepare your property papers or really think hard on the purpose of the second kidney. On the other hand, a freelancer in a medium town will cost much less. You don’t ideally want to choose any from these two extremes – but something in the middle.
- What kind of functionality do you want in your mobile application? This is self-explanatory and depends on the product/service.
- How many screens should be included in your mobile application? For this, you need to do some homework. Check competing apps or the industry’s leading apps in your segment. How many screens do they have? You likely won’t need as many especially if your app will have fewer features or depth, but it is a good exercise to get a ballpark figure nevertheless.
- What features should be included in your mobile application? Again, this is self-explanatory and depends on what you wish to achieve with your app.
A professional developer will be able to provide a more accurate estimate after reviewing the details of your project. However, there are a few things you can do to get a yet better idea of the costs involved in developing an app:
Determine the purpose of your app
The most important step in estimating the cost of developing an app is to determine its purpose. The purpose of your app will dictate how many features it needs and how much time it takes to complete the project.
For example, if you have a simple idea for an inventory tracking tool or a social media management application, then you can expect these tasks to take less time than building a complex photo editing tool or online marketplace platform.
Consider other factors that affect cost such as design and development resources needed
If you want your mobile application developed by professionals who have years of experience in creating great user experiences and making sure that they’re compliant with industry standards then make sure that they have experience in designing UI/UX flows as well as designing interfaces that work flawlessly.
Know your market
What is your market? Who is going to be your app’s ideal customer? The more specifics you have, the better it is for your marketing campaigns and also for the developer to find ways to do more efficiently within a stipulated timeframe.
Lastly, it helps to be practical, transparent, and realistic with your timeframes, goals, and aims.
How much does it cost to make an app for your business?
The cost of making an app for your business will depend on a number of factors, including:
- How much time do you want to spend on the project?
- What features do you want your app to have?
- The amount of content you wish to input into the app
- The type of platform you plan to use for your app (native or cross-platform)
If you’re looking for a quick and easy way to create a simple application that only requires a few screens and basic functionality, then the cost will likely be in the hundreds or thousands of dollars range. However, if you need something more complex with lots of features, then expect to pay anywhere from $10,000-$100,000+ for an app like this.
We’ve all heard the saying “time is money,” and nowhere is that truer than when you’re trying to figure out how much it will cost to make an app for your business.
The good news is that there are a lot of different factors that go into determining how much an app will cost, which means that it can be pretty difficult to give a precise answer to the question “how much does it cost to make an app?”.
But as long as you know what questions to ask and what factors you need to consider, you should be able to get a pretty solid estimate of how much your app will cost.
Is low-cost mobile app development feasible in 2022?
Mobile app development is the process of creating a mobile application to be used on smartphones and tablets. In the past couple of years, mobile apps have become very popular with businesses and consumers alike. They offer a number of benefits like increased productivity, improved customer engagement, and better ROI.
However, developing mobile apps is not easy as it requires a great deal of time and money. Some companies use low-cost mobile app development services such as Fiverr or Upwork to get their apps developed quickly and cheaply. However, is low-cost mobile app development actually feasible in 2022?
Let us look at how much cost one needs to incur for developing an app in 2022:
Total Cost = App Design + Development + Testing + Maintenance + Marketing + Monetizing
The total cost depends on the complexity of your application. If your application is simple, then you will spend less than $1K for its development. However, if it’s complex then you may need up to $100K to develop it.
How much does an app development team cost in 2022?
The average cost of a mobile app development team in 2022 is $81,000 according to some estimates.
The average cost of an app development team in 2022 is $81,000. This is an increase of 3% since 2021. The average cost per hour was $39.50 and the median hourly price was $34.50.
The majority (55%) of companies surveyed by MobileDevHQ had budgets between $40,000 and $100,000 for their apps in 2022. The second most popular budget range was between $20,000 and $40,000 with 30% of respondents spending this amount on their apps each year. Only 13% spent more than $100,000 annually on mobile app development and only 5% spent less than $20,000 annually on their apps.
The most common factors driving up costs were having multiple platforms (47%), increased customization (41%), and increased security (36%). Only 7% said that they were able to reduce costs by using offshore developers or offshore outsourcing services like Amazon Web Services or Google Cloud Platform when compared to traditional on-premise hosting solutions like Microsoft Azure or Rackspace Cloud Server Hosting Services.
Why does it cost so much to build an app?
The average cost of building a mobile app is quite high. As per the aforementioned stats, the figure can be easily around $60,000 to $90,000. This may sound like a lot of money, but there are legitimate reasons behind it.
So, why does it cost so much?
The answer lies in the number of people involved in creating your app and the amount of time they spend working on it. If you’re developing a game or other entertainment application, it’s going to take more time than if you’re creating a social networking platform or e-commerce solution.
The more complex your app is, the longer it will take to build and test. This means that you’ll have to pay more people for their time, which drives up costs significantly.
On top of that, there’s also the cost of maintaining your app once it’s been released into the wild and keeping it up-to-date with new features or bug fixes as needed (which can be pretty frequent).
Android vs. iOS: Which apps cost more to develop?
Android apps cost less.
The main reason why Android apps cost less is that the operating system is open source. This means that developers can use the code of other developers and build on top of it. It also means that you can find a lot of free tools and software that will help you build your app without having to pay for them.
There are a lot of other reasons why Android apps cost less as well, such as:
- The amount of competition in the market; there are many different types of apps available for Android (and iOS), so if you want to stand out from the crowd, you need to do something special or unique with your app!
- It’s easy to get started with Android development; there are plenty of tutorials online, so if you know what you’re doing, you can get started right away! This means there is a higher supply of Android developers which means more competition and lower prices.
- Android doesn’t have a standard UI (user interface), which means that designers have more freedom when designing their apps. This makes it possible for designers to create unique designs for their apps, which can be pretty expensive. Adhering to Apple’s guidelines requires a certain standard of proficiency, and this drives up the cost of iOS app development comparatively.
Apps are the future, and so are skyrocketing app development costs
Apps are becoming increasingly popular, with a report by App Annie estimating that there were more than 2 million apps available on the Apple app store and Google Play in 2017. But developing an app is not easy. There are many factors to consider, such as the development costs, how long it will take, and whether you should go for a custom-built or pre-built solution.
So, how much does it cost to develop an app?
It all depends on how complex your app is, how much time it will take to build, whether you need any third-party integrations and what kind of functionality you want from your app. For example, developing a simple iOS game can cost anywhere from $5k to $20k, while developing a complex enterprise application might cost $200k or even more.
The length of time it takes for an app developer to build your app can vary significantly too. If you want to start from scratch and build everything from scratch then it might take several months or even longer. However, if you already have some sort of prototype then it could be done in just a few weeks or months — depending on the complexity of your project.
The cost of developing a mobile app varies greatly depending on factors such as the complexity of the app, the features you want your app to have, and the platform you wish to use.
Costs can also vary depending on whether you hire an agency or a freelancer. If you are new to the process, it is important to understand how much money you will need to spend on your mobile application development needs.
So, how much does it cost to develop a mobile application? In this article, we hope to have answered this question and given you some insight into what factors affect the cost of developing mobile apps so that you can make an informed decision when selecting a developer.
Do you have an app idea you’d like to discuss but aren’t sure how much it costs to build? We would be delighted to assist you!