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How Much Does It Cost To Make An App?

How Much Does It Cost To Make An App?

Are you interested in creating a mobile app but uncertain about how much it will cost? The information in this post is invaluable to you at that point. It investigates elements such as app kind, development locale, and other complexity that can significantly affect the price of developing a mobile app. After reading this article, you will be able to choose the best course of action for your company.

The approximate price range for developing a mobile app is $40,000 to $150,000, with some projects costing more than $300,000.

Let's check out 5 crucial factors below that influence the cost of building an app.

1- How complex your dream app could be?

Building an app like building a house, the more features the more money you have to pay.

Simple apps require less time to develop and are less expensive. However, the development time and cost will grow if you wish to incorporate more sophisticated mobile app features. So it's important to ask yourself these questions:

  • How many functions will your app have, exactly?
  • Is the business logic of the application complicated?
  • How many displays, switches, and other features will it have?
  • Does it contain advanced features like real-time synchronization or multi-functional (Complex feature)?

2- What kind of app you wanna build?

Mobile apps can be divided into three categories: Native, Web, and Hybrid. Based on its requirements, business logic, and functionality, each sort of app is distinct.

3 types of application
  • Native apps are created in a language specific to the operating system of the target device, such as Java or Kotlin for Android and Objective C or Swift for iOS.
    Required skills: Objective-C, iOS SDK, Java, Android SDK
  • Web apps are websites that have been optimized for mobile devices and use responsive design to provide a fluid user experience on devices with different screen sizes, such as tablets and smartphones.
    Required skills: HTML, CSS, JavaScript
  • Hybrid apps are best suited to meet the needs of a broad audience because they are created utilizing a combination of web and native technology.
    Required skills: HTML, CSS, JavaScript, Mobile Development Framework

Generally, the cost of them arranges like this (for easy understanding): Web > Native > Hybrid.

3- The region

The difference in programmers' hourly rates is the main factor in why mobile app development is more economical in certain places than others.

Each region will have a different rate

The hourly rates for programmers in various regions are listed below:

  • USA: $ 120-150
  • UK: $ 100-120
  • Australia: $ 100-120
  • Western Europe: $ 80-100
  • Eastern Europe: $30-50
  • Vietnam: $ 20-50

As you can see, prices in Vietnam are less expensive than in the US, UK, and Australia. You may create an app for almost 1/5th of the price ($120-150/hour) of one in these places.

4-  Development strategy

If you believe the development strategy has little to no bearing on the price of creating a mobile app, you are mistaken. Therefore, when developing a mobile app, you must keep the development method in mind.

The following are some development strategies you can use to create a mobile application:

  • Hire a local firm
  • In-house team
  • Hire freelancers
  • Hire an outsourcing partner

If the total development time is the same, the development cost will be: Freelancers < Outsourcing < Local firm < In-house.

The most economical choice is to hire a freelancer. But there is a cost involved. You receive no accountability from independent contractors. There is no assurance that an app was built well. So it makes more sense to hire an outsourcing companies. They provides you accountability for your app and is less expensive than hiring an internal team or a local firm.

5 - Design complexity of the application

More adaptations result in increased expenditures, similar to application development. Consider the following factors for a thorough overview:

  • User experience: Depending on user involvement levels and other factors, such as button placement, color psychology, and users' eye patterns, an app's price may vary.
  • User Interface: The price of a mobile app will also be significantly influenced by aesthetic factors including layout, screen, color, and typography.
  • Branding: In order to differentiate your app from the hundreds of other companies that are comparable to it, you would need to spend more on branding.
  • UX writing: It will cost you more to hire a UX writer from a native English-speaking nation than from a non-native one.

You have seen from reading the article that a variety of factors affect how much an application costs.

Get in touch with WATA - Top 3 Outsourcing Companies in Vietnam 2022 to get precise costs and create your ideal application at a competitive price. WATA will be the trusted partner to save your cost!