How much does it cost to make an app for your business? It is the first question you should ask when determining app development costs in 2022.
Many factors influence the price, depending on the complexity of the app development, at 40$ per hour, the average cost will be:
- Simple App Development Cost – $40,000 to $60,000
- Average App Development Cost – $60,000 to $150,000
- Complex App Development Cost – from $300,000
This article will be an excellent resource for the founders.
Here, you can find information about the factors that affect application costs, hidden application development costs, and how to choose an app development company.
Want to strike a balance? Read on.
We have covered this topic of the cost of developing an app in detail.
How Much Does It Cost to Develop an App?
The cost of building an app ranges from $40,000 to $150,000 and depends on app complexity.
|
App Type |
Estimate Cost |
Time |
|
Simple App Development |
$40,000 to $60,000 |
2-3 months |
|
Basic App Development |
$60,000 to $150,000 |
3-6 months |
|
Complex App Development |
from $300,000 |
9+ months |
The answer to how much it costs to develop an app can quickly go overboard due to the app features.
There are several options to get the estimation of your app project. The most reliable one is to contact the developers. But you can also use the app cost calculator.
If you request the development studio to estimate the typical cost range of custom app development without proper documentation and terms of reference, the cost will likely be very approximate.
In contrast, the proper and precise cost calculator needs to include a wide variety of mobile app development services and the required amount of time:
- the complexity of the design and number of screens;
- development process;
- quality assurance phase;
- number of functions and features;
- the complexity of features;
- the complexity of database;
- number and complexity of 3rd party integrations;
- implementation of security protocols like HIPAA or GDPR;
- size and level of the development team.
At upload, we follow an iterative estimation process to determine the cost of creating an app.
To know more about it, look at our project discovery phase.
To get an idea of the costs of creating an app, let’s look at the world app development statistics.
App development cost statistics
The mobile development growth in the world determines the popularity of apps and the cost of app development.
The total number of apps available for download in app stores is over 7 million.
Mobile app development has researched statistics showing exciting facts about the app development industry and costs in 2022.
Here, you can find some figures to study based on the different sources and methodologies:
- On average, over 100,000 new apps are released on Google Play every month, and over 30,000 on the Apple App Store (Statista)
- Free apps dominate the app development market. The most effective pricing strategies for most are free and freemium. For example, free utilities n the Apple App Store account for approximately 92% of the total (Statista)
- The mobile app industry revenue reached $581.9 Billion in 2020. If this trend doesn’t change, the industry’s revenue will reach almost $ 1 trillion in 2023 (Statista)
- The mobile app development market is expected to grow more than 18.4% by 2026 and is predicted to reach an industry of $ 407.31 billion by 2026 (Market Research)
- Almost 90% of the time people spend on apps. Soon, people will use a mobile device for 4 hours a day, and 88% of this time will be for activity in applications (eMarketer)
- 66% of smartphone users download games. At the same time, over 95% of all users download messaging, communication applications, web browsers, etc.
The cost of app development dramatically depends on the type of application.Now that we are sure that you are aware that the market is growing very actively and rapidly, let’s look at what the app prices depend on.
Cost of app development by type
The type of application is another important factor that needs to be considered. Below is a list of the most popular types of apps and the average development cost involved:
|
App Type |
Estimate Cost |
Time |
|
Mobile App |
$30,000-$300,000 |
1,200h |
|
iPhone App |
$55,000-$300,000 |
1,200h |
|
Android App |
$50,000-$300,000 |
1,200h |
|
Web App |
$60,000-$300,000 |
1,200h |
|
Startup App |
$40,000-$400,000 |
1,600h |
|
Taxi App (Uber) |
$50,000-$400,000 |
1,600h |
|
Game App |
$60,000-$250,000 |
1,600h |
|
Retail App |
$50,000-$150,000 |
1,200h |
|
Augmented Reality App (AR) |
$100,000-$250,000 |
1,600h |
|
eCommerce App |
$60,000-$250,000 |
1,600h |
|
Social Media App (Instagram) |
$50,000-$300,000 |
1,200h |
|
Business App |
$50,000-$200,000 |
1,200h |
|
Learning App (DuoLingo) |
$60,000-$225,000 |
900h |
|
Video Streaming App |
$80,000-$300,000 |
1,600h |
|
Restaurant App |
$40,000-$150,000 |
900h |
|
Community App |
$18,000-$150,000 |
900h |
|
Shopify App |
$30,000-$180,000 |
900h |
|
Dating App |
$50,000-$350,000 |
1,400h, |
|
Food Delivery App |
$40,000-$150,000 |
900h, |
|
Hybrid App |
$40,000-$200,000 |
1,200h |
|
Healthcare App |
$55,000-$300,000 |
1,200h |
|
Typical App |
$40,000-$300,000 |
1,200h |
Besides the type, the cost of app development depends on the country. Let’s see how.
Cost of app development by region
A high price does not always indicate a high-quality product. It only shows the salary variations of programmers in different countries.
However, it is crucial to understand that the hourly rate will differ depending on the:
- programming language of the application development (Swift, Java, Kotlin, PHP, JavaScript, Golang),
- the complexity of the project, the specialists involved (programmers, testers, scrum master, business analyst, project manager),
- their qualifications (senior, middle, or junior).
The more information you have, the better you will be at evaluating the proposal.
These primary cost factors for an application will help you get an initial design for an application that meets your requirements.
