How Much Does It Cost to Create an App Worldwide?
The recent research from GoodFirms shows that the average price of a simple app is between $40,000 to $60,000. The medium complexity app cost is between $61,000 and $69,000. A complex app may cost from $70,000 to $100,000.
So, giving a rough answer to how much it costs to create an app (we take the rate of $50 an hour as average): a basic application will cost around $25,000. Medium complexity apps will cost between $40,000 and $70,000. The cost of complex apps usually goes beyond $70,000.
Thousands of companies around the world claim to be the best app developers and guarantee they can deliver the best solution. Well-established or recently founded companies, experienced or ambitious, local or foreign, large or small, high-priced or cheap so many parameters to consider. No wonder that such an enormous selection may confuse not only startupers, but also experienced entrepreneurs.
The most common misunderstandings, such as 'high price equals to good quality' or 'young companies are not experienced enough to deliver high-quality product', may lead to failure or unnecessary expenses. Keeping that in mind, let's return to unbiased analysis of app's building costs. Our first stop is looking at the cost of building an app from the standpoint of hourly fees.
It's not a secret that the average cost of app development varies depending on geographical location so let's have a brief look at the table:How much does it cost to make an app: hourly rates worldwide
Region iOS ($/hour) Android ($/hour)
- North America (US and Canada). This region is considered to be the most expensive one. Android / iOS development charge from $20 to $250 per hour.
- Australian hackers develop mobile apps at a rate of $35-150 per hour.
- South American regional app development service rates are from $25 to $120.
- UK developers tend to charge from $35 to $175 an hour.
- Eastern European developers' rates start from $20 up to $110 per hour.
- Developers in India are quite satisfied to get $10-75, while in Indonesia the highest cost of app development is $20 an hour.
It is weird to realise that the highest-priced app developer in the US charges $250 an hour, while the best one in Indonesia is 12.5x cheaper. Still despite the rational reasons, such cost discrepancy doesn't seem to be sustainable.
Outsourcing or Local Development: What to Choose
When you are planning on creating a mobile application, not only the average cost of developing an app matters. If you don't have a team to make it happen, you are probably thinking to hire someone to make an app. So the question comes up about what to choose: outsourcing or local development.
The only meaningful argument in favor of local development is physical proximity to the development team, which presumably simplifies communication. Undoubtedly it is easier to explain your requirements face to face and feel the product before paying for it. On the other hand, outsourcing your app development is not as troublesome as it may seem. Communication with your team overseas seems hard, but not impossible. Remote teams eagerly make advances and try to meet any organizational requirements.
Having a higher level of expertise at reasonable costs, foreign developers are able to perform a lot better comparatively to local ones. In case you doubt if you can find a trustworthy development team outside your local area, be sure you will. The matter of finding a suitable international team is even easier there's a great choice. Much greater than in your local area.
What Affects Mobile Application Costs?
When you set out to develop an app, you cannot expect your software development company to inform you about the development costs right off the bat. There is no rate list for the applications' development and everything depends on various factors. Surely before you will be sent a bill, the team of developers will estimate how many hours were required to implement your specifications. Still, the most significant factors influencing average development costs are:
- Features and functionality
- Customization of visual design
- Backend infrastructure and app administration
- Location and structure of a development team
- App maintenance costs