Even though creating an app comes with initial expenses, the benefits that can come along with building one will easily surpass the monetary costs if it’s a success. For instance, in 2022 iOS app developers earned a total of $60 billion. If you want to be one of them, you’ll have to budget properly for app development costs.
To be able to earn from your app, you will first have to invest. So, what is the real cost of developing an app, then? Although the average minimum app development project can cost anywhere between $5,000 and $10,000 USD (for basic apps), keep in mind that the actual costs depend on the app’s complexity and the set of features included.
Understanding all of the costs involved with creating an app can help you set a realistic budget and timeframe — crucial to the success of your project. So, scroll down to read more about what to expect cost-wise before deciding to develop an application. From price ranges to app types, find relevant info below.
How Much Does It Cost to Develop an App?
The complexity of the app, the platforms it is intended for, and the features that are envisioned for the app can all affect how much its development will be price-wise. At this point, it’s crucial to remember that expenses associated with app development go beyond the original outlay. Additional resources are needed for ongoing upgrades, improvements, and maintenance.
Regarding the type of platform that the app is intended for and whether it’s Android or iOS, developing an app can usually cost tens of thousands of dollars. Basic apps, like calculators, can cost anywhere from $10,000 and over. On the other hand, apps with moderate complexity (like social media platforms) can cost way more than that.
Choosing the Right App Type
When considering app development, the type of app you want will make all the difference. Do you prefer a native app specifically built for either Android or iOS? Or maybe you’re leaning towards a hybrid app, which uses a single code base across multiple platforms.
At this point, it’s essential to determine the app type that best fits your business needs and find the best app builder to help you streamline the process, especially if you have no coding experience. A good app builder will be applicable for different purposes (to optimize workflows, for gym goers, etc.).
Factors Affecting Application Development Costs
Developing an app is anything but easy, especially considering the many factors that impact the process. From picking the right app type to API integration and maintenance, let’s dig deeper into the intricacies of development.
App Complexity
The cost of app development can be significantly influenced by its complexity. For example, establishing a custom eCommerce app with product photos takes more work than creating a simple to-do app. Remember that the cost of development will increase with the complexity of your app’s design.
Back-End Infrastructure and API Integration
By integrating external APIs and third-party services, development expenditures are further increased. Prepare yourself for expenses that exceed your initial budget if your app involves extensive use of premium APIs or service providers.
Maintenance
The expenses of developing an app to boost your business don’t stop after deployment. Updates and post-development care are all ongoing costs. Budgeting for these post-development operations is essential because mobile operating systems are always changing.
Number of Screens/Devices/Platforms
If your app is intended to be available on multiple platforms and/or devices, then the costs will go up. Developers have to put in additional efforts to meet the unique requirements of each platform and device. Keep in mind that the more displays, devices, or platforms your software is compatible with, the more expensive the development will be.
Database and CMS
Does your app contain content created by users, such as pictures, videos, or reviews? Will you be modifying or adding data to the app? If so, a content management system (CMS) will make data administration easier for your app and a database will be required to store user-generated assets. Development expenses can rise as a result of these considerations.
The Wrap-Up on App Development Costs
Whether you’re looking to develop an app that will be compatible with more devices and platforms or you’re simply looking to build a simple one with a single goal, the cost of its development is an important factor that requires meticulous planning. The best way to go about your app budget is to find a solid app builder and consider every aspect. Have a clear goal in mind and expect the unexpected: app development is a process, not a goal.
Top photo by abillion on Unsplash.