Wondering how much does it cost to make an app? Well, it depends on a number of important factors. Read this blog to learn key aspects of app development cost

A mobile application helps a business to make a stronger relationship with customers through a high analytics feedback loop and a fully personalized user experience. With the advantages of having a feature-rich mobile app, it’s no wonder why today’s startups or enterprises port their services to smartphones and tablets. Therefore, how much does it cost to build an app? Spending millions of dollars for making a mobile app is not a very big deal for modern tech giants, but it might be quite challenging for a business with limited capital. Keep reading to know more about the facts behind costs of app development services

Estimated cost of app development 

It’s impossible to find out the exact costs of building an app. You must be aware of essential considerations while considering app development price tiers. Some factors that significantly influence the overall cost of app development include: 

  • Developer’s hourly rates
  • App repair and maintenance charges
  • Cost of application security
  • High-end features
  • UI/UX design complexity
  • Backend app infrastructure
  • Multiple platform support

App functionality and complexity have a huge impact on overall development costs. So, if you want to build an application compatible with internet synchronizations, process payments, real-time GPS, and push notifications, you should focus on the complexity level and apps making cost. Take a look at the list that includes the estimated cost to make different applications. 

App categoriesEstimated cost (USD)
eCommerce apps$60,000 to $250,000
Learning apps$60,000 to $225,000
Social Audio apps$50,000 to $300,000
Augmented Reality (AR) apps$100,000 to $250,000
Taxi service apps$50,000 to $400,000
Video Streaming apps$60,000 to $225,000
Business apps$50,000 to $200,000
Gaming apps$60,000 to $250,000
Shopify apps$30,000 to $180,000
Restaurant apps$40,000 to $150,000
Dating apps$50,000 to $350,000
Healthcare apps$55,000 to $300,000
Community apps$18,000 to $150,000
Food Delivery apps$40,000 to $150,000
Retail apps$50,000 to $150,000

Factors behind app development cost

Average app development cost depends on multiple factors like the developer’s location, app features, complexity level, etc. Understanding these factors allows you to make the right decisions & give you other potential benefits. Moreover, it also helps you stay away from budget constraints. Let’s dive into a few important factors that influence mobile application development costs.

1. Features and functionalities

Features and functionalities play a huge role in estimating app development costs. Therefore, it’s recommended to focus on the basic features in the initial app version. It helps you deliver a good customer experience at a reasonable price. The best choice is to get a Minimum Viable Product (MVP) developed. It saves time & helps gather valuable user feedback.

2. App complexity levels

An app cost estimation depends on the complexity levels of a mobile application. According to an apps developer company, the average cost of create an app with basic UI/UX is $5,000 to $50,000. A simple application generally has a set of user-friendly features like a login system, dashboard user, limited administration, profile facility, etc. Based on its complexity, here is an app development cost breakdown:

App complexity levelFeatures typesTime limitEstimated cost (USD)
SimpleSimple UI/UXMVP functionality2 to 4 months5,000 to 50,000
MediumCustom UIBasic app features4 to 10 months50,000 to 120,000
ComplexHigh-end UIAdvanced features and functionalities 10 months+100,000 to 300,000

3. App categories:

No doubt, the app making cost also depends on application categories strongly. Different apps have different demographics, functionalities, and security criteria. For instance, an e-commerce app like Amazon is loaded with plenty of unique features that make this app different from other categories. 

4. Developer’s hourly rates

Many businesses don’t create their apps in-house for their customers. Usually, they hire an app development company for this task. App making companies work on development projects through hourly-rate charges. However, this hourly rate is based on the developer’s region. The following table will help you know region-wise developer’s hourly rates. 

RegionAndroid appsiOS apps
North America150 $/hour150 $/hour
Australia110 $/hour110 $/hour
UK150 $/hour150 $/hour
India25-50 $/hour25-50 $/hour

5. App platform

Before you start an app development process, it is essential to choose the right platform for your application. Based on your target audiences, you may choose to develop an Android, iOS,  cross-platform, or web application. If you have a startup with low capital, it’s advised to initially select a single platform, later on, you may shift to others.

Final words

Choosing the right app development services brings a number of advantages & good market potential, especially for startups and medium-sized businesses. Paying very close attention to the above-mentioned factors will help you avoid unwanted burdens & extra app-making costs. We, Sphinx Solutions, provide the best app cost calculator to help you consider the project requirements that suit your needs without overspending. Are you interested? Schedule a call or drop an email today.