How much does it cost to develop an app? A million-dollar question in itself. Every business owner knows the importance of an application to his or her business. This is the reason for the popularity of this question.
Everything in the world has a certain decided price and the same is in the case of mobile applications - “you will get what you will pay for”. Before you invest your money in the making of mobile applications, you might want to know on what factors the cost depends on. Don’t worry, this article will guide you through all those which are required to know before investing in an application.
It is difficult to say the estimated cost to build the app. As the cost varies from country to country. Someone may tell you the amount as $10,000 and some others may tell you the cost as $2,50,000 depends on the utility and designing of the application. If you want a basic level application project then it may cost around $10,000.
This was just a brief. Let’s get deep in detail.
You will not find a pre-decided rate list anywhere regarding the application cost. The complete process depends on certain factors that you need to consider. Also, according to the specification you will choose, the app developers may tell you the estimated hours of working and then it will be easier to guess the cost. There are certain factors on which the cost and hours will depend, that are discussed below -
How much does it cost to create an app for iOS or Android?
Your cost for creating an app will depend on the platform you are choosing. For this, you must know what your target audience is and then with the help of complete market analysis you can select if you want an app for iOS or Android. It is researched that more devices run on android than that of iOS.
If you have planned to build an app for a single platform then cost is the same in both the cases i.e. in iOS and Android. But if you want to design an app that works on the platforms then the cost will double. In this case, I recommend you to choose a hybrid-web development. For hybrid apps, a single team is sufficient.
You must know the complexity of the application which you want to build. Depending on the features you want, the cost of the application is decided. Whether there is a need to prepare a code from scratch or the use of third party applications. Let’s take an idea of cost depending on the basic features -
This feature includes login from several platforms such as mail, social media, number login, forgot password, etc. This may take 28-42 hours of time and the approximate $1400-$2100 cost.
Setting region, location, profile photo, changing email, password come under this category. This may take up to 45-67 hours and the approximate cost is $1500-$3200.
The search feature includes the facility of basic search with the common and trending search suggestion. Approximate time is 13-18 hours and the approximation cost is $650-$800.
Uploading files such as photos, videos, pdf, any other document format will take a cost up to $1000-$1500.
Messaging features like conversation detail, typing status, online, offline, read/sent status, last seen, etc. 160 hours of time and $8000-$8500 of cost.
These were some of the basic features which are generally required in every app. Along with this, if you want any new feature, an additional cost and hours will be added in this.
As we discussed, the cost varies from country to country. The location of your vendor plays an important role in deciding the cost of an app.
There are two types of teams working in the market to develop the app that is freelancing and IT services.
Freelancing is considered comparatively cheap and here you can make direct communication with the developer. But here you will face some disadvantages also. It is said that they offer a lower quality of service and also your team will have to do a lot of additional paperwork which is not in the case of IT agencies. With IT agencies you will experience high quality and disciplined service. But they charge higher rates and more bureaucracy.
In the US the development cost ranges from $70-$100 while in countries like India, Pakistan, and other Asian countries ranges below $25/hour. In Eastern Europe, it will cost up to $40.
Again in designs, there are fixed simple designs that have minimum cost but if you want any complex designs your expenses will go high.
In simple design standard logos, icons are present while in complex design more animation custom elements are required that will increase the complexity of the design and the cost of the application.
For a simple design, the average hourly rate is $40. For complex designs, it ranges from $10,000-$20,000.
This again raises the most common question - how much it costs to maintain an app. If you have no plans to add any new feature or functionality still you will need to do the maintenance of an app. It includes several things -
Summing up to this, the average cost of building an application may range from $500-$1000+ monthly.