How Much Will Mobile App Development Cost in 2023? Money-Saving Guide!

Mobile App Development Cost
One of the biggest challenges for businesses today is deciding how to allocate their resources. App development represents a significant investment, both in terms of time and money. However, if it's done correctly, it can be an extremely profitable endeavor.

There are two main factors you need to consider when deciding whether or not mobile app development is right for your business: the need and the budget. In this article, we will explore the money side of things. We will look at how the cost of making an app is estimated by mobile app development companies. We will also give you advice on how to save money on app development without compromising quality or performance. 


So if you're still undecided about whether or not to go ahead with mobile app development, read on and we'll help you make a well-informed decision.

How My Mobile App Development Cost is Estimated?

Since every mobile app developer or app development company has their own pricing and hiring models, it is impossible to provide an exact number without knowing your app. To be clear, there are a lot of variables that affect how accurate a quote is. So, here’s a detailed break-down of how your mobile app development costs will vary:

Who Will Develop Your App:

The main factor of mobile app development cost is vary by who you’re choosing for your project; hiring a freelance developer or a fully-fragile development team from the leading mobile app development company. The following are some points that guide you on whether you should hire a freelancer or mobile app development company.


Freelancer: 


  • Freelance developers offer limited service.

  • They are less reliable than app development companies.

  • They cost you less but have okayish results.

  • They can handle small-scale projects.

  • They may be jr app developers.



Mobile App Development Company: 

  • Mobile app development company offer other countless services.

  • Mobile app development companies are more reliable.

  • Mobile app development company delivers value-for-money products/services.

  • Mobile App development companies can handle complex & large-scale projects.

  • Mobile app development company provide skilled & experienced developers.

From Where You Hire App Developer

While looking for an app developer, geographical location is equally important. This difference can provide a big impact on how much it costs to develop an app. 


Region

Approx Cost

India 

$25-$50/hr

Ukraine

$40-$100/hr

Russia

$60-$150/hr

USA

$80-$170/hr

Australia 

$80-$200/hr

App Features & Functions You Wish to Add:

One of the primary factors to consider while calculating the cost of creating an app. There are countless features, functions and animations that are impressive but increases the cost, so if you’re on a budget opting for much-needed features and function will be a good option. The following are some app features & functions cost & time estimation. 


Features  

Approx Time 

Cost Estimate

User Login 

30-43 hours 

$500-$1,000

Profile Completion

30-40 hours

$900-$1,000

Push Notification

25-35 hours

$1,000-$1300

Messaging

170-180 hours

$3,000-$5,000

Basic Admin Panel

66-90 hours 

$3,500-$4,000

Payment

60-80 hours

$2,000-$3,500

Maps

100-120 hours

$4,000-$6,000

Calling Facility

300-400 hours

$14,000-$15,000

App Type & Category You Choose:

There are different types of apps to choose as well as categories that define your idea, so no matter whether you want to estimate the cost of creating an app for restaurants, e-commerce, taxi service, educational purpose or so on; the cost of app development varies.  In addition the platform you choose also varies.


Type of App 

Approx Cost

Native apps (Android & iOS)

$50,000 to $100,000

Cross-platform apps

$25,000 to $60,000

Web apps

$15,000 to $50,000

Hybrid apps

$10,000 to $150,000

The complexity of Your App:

Whether you’re looking for android app development cost or iOS app development cost, this will estimate by the complexity of your app. As a result, the simpler the application, the less time it will consume and the more money it will save.


Complexity of Your App

Approx Cost

Approx Time

Simple App Development

$40,000-$60,000

2-3 Months

Basic App Development 

$60,000-$150,000

3-6 Months

Complex App Development

From $300,000

9+ Months

Ongoing Maintenance & Support Your App Required:

In order to adequately maintain your mobile app, you will also need to keep in mind that there are several factors to consider; bug fixing, paying app store fees, launching updates, etc. Keeping your mobile solutions running effectively will eventually require some investment. Therefore, an app's maintenance costs generally charge between 15% and 25% of the original cost of making an app. 

How Can I Save on Mobile App Development Costs?

In modern times, hiring dedicated developer has always become a daunting task, but we've got you covered here are some following ways that ensure you’ve selected the best mobile app development company for your out-of-the-box app idea. 

- First & foremost consider developing a minimal viable product MVP.

- Get a quote from a cost-effective mobile app development company in India.

- Go for minimalistic yet not compromise in elegance UI/UX

- Try to add limited but important mobile features that impress your targeted audience.

- Decide between whether you want to develop a native app or a hybrid app

- Discuss your payment details as well as give a quote completely to avoid any last surprises. 

- Keep in touch with your developer and monitor the app development process to make sure they don't add any extra fees. 

- Make sure the app testing has done well to reduce future app costs.

- Last but not least, keep patience because if any error comes up, the cost will be increased. 

How Can I Find The Best Mobile App Development Company in India?

In modern times, finding the right team/developer has always become a daunting task, but we've got you covered here are some following ways that ensure you’ve selected the best mobile app development company for your out-of-the-box app idea. 

- Go through reviews & feedback.

- Look into their developer's experience.

- Examine their previous work.

- Their portfolios should leave you speechless.

- They should provide excellent service at a competitive price.

- They should have good communication skills.

- They conclude by outlining the total estimated cost of making an app. 


Moreover, Whether you are in a startup or a booming business; looking to develop an app that can take your business to the next level, you've come to the right place. Sufalam Technologies: best mobile app development company in India; has successfully delivered scalable & secure applications to hundreds of customers. Get in touch with us Today!


Related: Mobile App Development Process - Full Guide

 

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