So, you’ve had an idea for an app you want to build for either Android or iOS devices, or both, and you’re looking around trying to gauge how much it’s actually going to cost you. There’s a lot that can go into making an app, so while you may have an idea of how much your budget is going to be, there’s indeed a lot to think about.
Today, we’re going to deep dive into the factors you’ll need to be thinking about so you can see how much your app idea is going to cost and what sort of money you’re going to need to be spending.
What You Need to Consider
There are so many variables to think about when it comes to calculating the cost of an app. You’ll want to make a list of all these variables and answer them when forwarding and promoting your product to a developer so they can give you an accurate quote.
The variables are as follows;
- The type of app (a game, educational, entertaining, social, etc.)
- What platform is the app?
- What level of design are you getting? (template, premium, individual, etc.)
- How many pages do you need?
- Is it a native or hybrid app?
- What ERP are you using?
- What CRM integrations do you use?
- What API are you using?
- Which content management system are you using?
- What analytics platform are you integrating?
- What level of eCommerce integration are you using?
- What kind of user control and access are you offering?
- Which extra features do you want?
- What integrations with phone hardware do you want?
- Will you use augmented reality?
- Is your app virtual reality compatible?
These are perhaps the best starting points to consider. If you’re creating a premium subscription-based app that uses virtual reality and massive data exports with a huge content management system, then yes, you’re going to be paying a lot more than a simple educational app with just data.
Average Costs of App Building
“If we’re looking at the average development costs of an app across the board, you’re going to be looking at an agency price of $171,450. This is the solid average, according to a fairly recent Clutch survey. If you have an app with a ton of features, you’ll be looking more around the $200,000 to $350,000 mark,” shares Ben Hammond, a web developer at BritStudent and NextCoursework.
That being said, if you’re starting out and you have a simple app idea, and you don’t need a ton of features or functionality, then you can even be looking at prices around the $10,000 and $50,000 mark. There are opportunities across the board here; it just depends on how many features and functions you’re looking for.
Who’s Developing Your App?
Who you’re using to design and create your app can also bring about a huge difference in cost? The go-to for many businesses and individuals with an idea will be to go to a professional mobile app development agency. These tend to be the most expensive option because they’ll have a team of people working on your app that will need to have their costs covered.
“The other option you have is working with a freelance app developer. This could be someone working from a laptop at home, which means costs can end up being far lower than working with an agency, but a freelancer working on their own may not be able to achieve everything you want,” explains Jerry Hatchett, a tech writer at 1 Day 2 Write and Write My X.
It’s basically worth looking into both options and seeing what works for you. You may find you get a really expensive quote from a development agency, but you can get an even better experience from a freelancer. You need to make sure you’re researching both to find the best solution for you.
Bear in mind that hourly rates and pay standards will also vary depending on where you are in the world. US companies and freelancers will tend to charge a lot more than Indian companies will, so it can be worth looking around the world for the best deal. Don’t limit yourself simply based on geographic locations.
Michael Dehoyos is a web and app developer and editor at Thesis Writing Service and Write My Case Study. He assists businesses in developing their marketing strategy and looking into new opportunities on how they can create new products for their customers. Also, he is a writer at Origin Writings.