Often startups are worried about the cost of app development and why not? Overly priced software can affect the budget in the later phases. So, we decided to create a guide that will help build an intuitive solution for your development needs at cost-effective prices.
Some Frequently Asked Questions about Mobile App Development Costs are:
Question 1: How much does it cost to build an app?
As you know, the software development cost is based on multiple factors, including region, features, deadlines, features, and other factors. Though it is difficult to calculate the final price of developing a feature-rich app, however, you can get reliable estimations with the app cost calculator tool. It consists of multiple-choice questions based on app requirements, answer them to get quotes within minutes. An approximate cost of app development is around $20,000 and can go up to $500,000, depending upon the list of features. $20,000 would be the cost of developing an MVP, however, the complex app can go up to $500,000.
According to a recent study by Clutch:
- Simple app costs around $24,000 to $60,000
- Complex app costs around $36,000 to $85,000
- Advance app development costs around $59,000 to $445000
Question 2: Do App Development Costs differ as per Geographical Regions?
Yes! Geographical region is one of the most influential factors that determine the App Cost Calculator. We have listed a few top locations that are recommended for mobile app development.
- Central Asia – $15 to $25 / hr
- South America – $20 to $55 / hr
- Eastern Europe – $25 to $60 / hr
- East and South Asia – $25 to $60 / hr
- Australia – $100 to $190 / hr
- North America – $150 to $200 or even $300/hour
Question 3: How to choose the best software development partner?
Outsourcing a mobile app development company is the smartest option as companies usually put a lot of effort into finding the resources and building a passionate team from app developers to project managers, business analysts, scrum masters, UI/ UX designers, and quality analysts. Besides avoiding laborious tasks, experienced team members deliver high-quality results.
The hourly rates of these kinds of companies are based on the team size, for instance:
- Software development enterprises (100+ employees): From $250 000 per project
- Software development agencies (10-100 employees): From $20,000 per project
- Software development shops (5-10 employees): From $10,000 per project
Question 4: Custom app development cost
Custom features are priced on an hourly basis. Therefore, it is necessary to choose the relevant functionalities to save money and development efforts. When deciding on how much to make an app, it is crucial to calculate the cost of the most used custom app development features. A list of few features is:
- Dashboard $1,200 – $1,600
- Messaging $3,200 – $6,400
- Maps/Geolocation $1,600 – $2,800
- Advanced Analytics $3,200 – $6,360
- Video Streaming $3,600 – $6,000
- CMS $1,200 – $1,600
Summary
Many app development companies are offering similar services; however, you need to choose the best to make a profitable future. So, before signing the deal with a mobile app development partner, you should do in-depth research to get excellent results in the future. In your research, you should follow certain parameters, including background check, work experience, team size, and more.
The prices of developing an application are dependent on the options you choose, the development partner, the location, the app features, the technology stack, etc. Hiring a mobile app development partner is a journey, and we hope reading all the information helps you make the right choice.
