How Much Does it Cost to Build An App?

Mobile phones have become a necessity in our lives, and a phone without apps is a useless screen. Around 90% of the time people spend on their phones is on an app. With more than 2.9 million apps available for downloads, it is clear that apps are an effective way to engage the audience and build brand credibility. This article will lay down the roadmap of app building costs and what route to take.  

When it comes to app development cost, there is no specific answer to how much it can be as the price depends on various factors. The cost of developing an application is anywhere between $20,000 and $80,000.

When you set out to develop an app, you can take several routes to ensure that your project does not go over budget, and you can also opt for freelancers instead of going for development companies.

One of the most widespread beliefs in app development is that the more money you cough up, the better the app will be. This is not true because you could opt to work with a freelancer who would charge you significantly lower than what a company would. You could also talk to an app development company and look for areas that are not needed in your app at the moment and remove them, thus driving the cost down.

The cost of app development depends on where the developer is situated. For example, North America and Australia are some of the most expensive app development regions at $150-$200/hr and $168-$250 for iOS. In contrast, the most pocket-friendly options would be India, Indonesia, and Pakistan, each ranging between $11 to $70, respectively.

Local Development or Outsource, which route to take?

There are pros and cons of both of them, but if you know what your app needs and what constraints you are working under, making this choice becomes more effortless.

If you opt to go for the outsourced route, then know that you will have access to a larger talent pool to choose from; you will get lower rates and much more flexibility. In addition to this, there are some cons with it as well such as communication problems which can be due to several reasons. One reason could be different time zones and it may get difficult at times to coordinate appropriately. Lastly, there is a lack of personal involvement, or as the saying goes, things may “get lost in translation.”

But, if you decide to go with local development, you get access to the developers, and you can meet them whenever you want as you will not be limited due to location. In addition to this, you can meet the team to communicate your ideas much more effectively. However, it can go against you if you are working on a tight budget because there may be little talent available, which may be expensive for you.

How much time does it take to develop an app?

How long it takes to develop an app depends on a number of factors. How many platforms are you gunning for? What features are you trying to add to the app? The rough estimate of how much time is needed for an app to be fully developed is as follows:

  • A basic mobile app takes 400-700 hours
  • Apps that have advanced features can take up to 700-1000 hours
  • Highly complex apps that have technologies such as AI, ML, or VR development can take up to 1200 to 2000 hours.

It is worth keeping in mind that these times are right estimates, and in reality, the times can go up or down depending on how swiftly the development teams are working on your app.

How much does app maintenance cost?

When users download an app, they expect regular updates to improve the app and ensure that the app is compatible with all the latest versions of the operating systems. In addition to this, there are often bugs in the app that require sorting out to ensure that the user experience is up and up.

When it comes to calculating how much it will cost to maintain your app, then a good rule of thumb would be to take the 20% of your app’s original development cost, and that will be the cost of maintenance.

When you maintain an app, you are not just paying for the cosmetic changes; you are also paying for the server costs, development costs, content costs, and other such features that ensure that your app is enjoyable in the longer run. Longevity is something that you need to go after because once you rack up those users, you want them to stay, and to do that, you need to give them constant updates.

Sunvera can help you implement the right software solution for your business while helping you reduce costs and improve operational efficiency. Contact us for a FREE 2-hour consultation.