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How Much Does It Cost To Build An App In 2024: A Comprehensive Guide
Explore the key factors that impact mobile app development costs. Find out how you can optimize costs and manage feature complexity for smooth, efficient mobile app development for startups/enterprises.
Dipti Singhal

Dipti Singhal

Nov 05, 2024

How Much Does It Cost To Build An App In 2024: A Comprehensive Guide

So, you're thinking of building a mobile app?

 

That's really exciting! But before you jump on the bandwagon, it's important to understand what it might cost.

 

Mobile app development isn't just design and code. Many things come into play.

 

From concept to launch, costs really can vary greatly based on features, complexity, and platform.

 

This is why people keep asking “How much does it cost to develop a mobile app?" 

 

Well, the ballpark figure can be somewhere around $8,000 to $250,000. Yes, we know that the range given can be quite interesting. 

 

But as you know, this cost can be different based on several factors such as complexities, features, and other elements.

 

In this guide, we outline the all-critical factors that determine the cost of app development:

 

Let's see what you need to know to make informed decisions.

 

 

Popular Types of Apps and Their App Development Cost

 

Still Interested to know how much it cost to develop a mobile app?

 

You aren't alone! Emerging developers and businesses of all sizes regularly ask about the cost of mobile app development across the globe.

 

Let's take a look at some popular app types, and what their ideas may have cost to come into being.

 

  • E-commerce Apps

 

Consider the e-commerce app development company. An e-commerce mobile app is not just about portraying great designs It’s about giving an experience that users can never forget.

 

e-Commerce app development cost could range from $20,000 to $150,000 depending upon whether it has features like payment gateways as well as user accounts or not.

 

Of course, it wouldn't be wrong to claim that the return from this investment makes way for convenience to the users while helping you tap into a market worth millions or even billions.

 

  • On-Demand Apps

 

Now, let's talk about on-demand apps, smiliar apps like ride-sharing or food delivery services.

 

These can range anywhere from $25,000 to more than $200,000 when developing a mobile app in India, the USA, or any other country.

 

In these on-demand mobile app developments, what’s costly is Real-time tracking and user ratings but it enhances the consumer experience and satisfaction.

 

Ready to bring your on-demand app idea to life? You can unlock your business's potential with mobile app development today, whether you are a startup or an enterprise. For a customized quote, contact us today!

 

  • Social Media and Entertainment Apps

 

Consider popular social media applications.

 

The mobile application development cost starts at around $30,000 and easily goes up to $300,000 or more for such functionalities as messaging, image sharing, and notices.

 

These keep the users hooked in and coming back!

 

  • Health Applications

 

Health applications are now also increasing with the boom in telemedicine, and people find apps convenient for getting early access to healthcare.

 

The cost of developing an app in this segment can range from $30,000 to $150,000 as per the requirement and scaling of features.

 

With the doctor appointment and patient management feature, the cost would clearly increase but also enhance the experience for patients and accessibility.

 

Read More: Telemedicine App Development: Cost & Features

 

  • Educational Applications

 

Educational applications include learning platforms or one-on-one tutorials for languages and the new trends are still climbing.

 

For this category, the cost to develop an app in this category falls between $15,000 and $100,000. It is going to add some expense if you add some more to your app. 

 

This will include features such as interactive quizzes and tracking of your progress. It indeed makes learning a lot more interesting for the user.

 

  • Fitness Apps

 

Fitness apps are ideal for health-conscious people. They surely will drive you to the achievement of your goals with motivation.

 

Generally, creating a fitness app would range between $20,000 and $120,000, depending on the features offered such as workout tracking and a personal meal plan.

 

These features keep users motivated and make them achieve their fitness objectives.

 

  • Travel Apps

 

Travel apps are very crucial when one intends to plan an adventure.

 

The cost of developing mobile apps in the travel category ranges from $25,000 to $200,000 with features such as booking systems and itinerary management.

 

These features invest highly in user convenience and satisfaction as well as cost.

 

  • Gaming Apps

 

Let's not forget gaming apps!

 

A mobile game can be developed at any cost ranging from $10,000 for basic games to $300,000 for complex ones.

 

Graphics, levels, and multiplay functionalities are some determinants that will influence the final cost but these are some features that have to be included for keeping the players engaged.

 

  • Real Estate Apps

 

Real estate apps are designed in such a manner that they can provide the user with the facilities of accessing the properties and getting in touch with agents.

 

The cost of making a mobile app in this niche could be as low as $25,000 or as high as $150,000 depending on whether you want features such as virtual tours, advanced search filters, and much more or not.

 

All these can actually contribute to enhancing the user's experience in the world of properties.

 

  • Finance Apps

 

Finance and fintech apps have budgeting and investment tracking abilities.

 

The development cost for these will range between $30,000 and $200,000, especially when you consider securing payment systems and financial analytics.

 

All these features will enable a user to manage their finances more effectively.

 

Here is a quick app development cost breakdown in different categories:

 

App Type

Estimated Cost

eCommerce Apps

$20,000 - $150,000

On-demand Apps

$25,000 - $200,000

Social Media Apps

$30,000 - $300,000

Health Apps

$30,000 - $150,000

Educational Apps

$15,000 - $100,000

Fitness Apps 

$20,000 - $120,000

Travel Apps

$25,000 - $200,000

Gaming Apps

$10,000 to $300,000

Real Estate Apps

$25,000 - $150,000

Finance Apps

$30,000 - $200,000

 

This is just an average mobile app development cost; we have a lot to unveil which let’s take it to the next section:
 

 

Average Mobile App Development Cost 

 

You want to know “How much does it cost to develop a mobile app?" 

 

This one question that lingers on every investor's mind. After all, knowing about cost clears a bigger picture.

 

Well, the cost of mobile app development can vary highly depending on its features and complexity. 

 

A simple one will generally cost about $8,000 to $120,000, but a typical application with additional functions or elegant design will cost around $120,000 or $250,000 or more.

 

On the more complex side, applications that have the features of games or those that use a back-end system can reach the range of half a million dollars and may even go higher.

 

Then there is the factor of location, where a mobile application development cost in India would be generally less than a similar one in the U.S. or Europe without compromising on the quality.

 

Therefore, such understanding would help plan the budget more effectively or make the right decisions for your project. 

 

Cost Range

Description

Examples of App Type

$8,000 - $30,000

Basic apps with limited features and simple design

Simple utility apps, basic informational apps

$30,000 - $120,000

Moderate complexity with standard features

E-commerce apps, fitness tracking apps

$120,000 - $250,000

Advanced apps with rich functionalities and design

Social media apps, on-demand service apps

$250,000 and above

Highly complex apps requiring extensive features

Gaming apps, custom enterprise solutions



Note: It is a rough estimate, so, if you want to go on a journey of mobile app development, Find out about the true cost of your requirements with a company. 

 

 

Factors That Affect the Cost to Develop Mobile App

 

Here are the factors that determine the cost of developing a mobile app in a friendly and engaging explanation:

 

  • Complexity of the App

 

Your level of application complexity is a great player in the mobile phone app development cost. Advanced features or intricate designs require you to pay a bit more. In terms of that, the basic features of any app can lower development costs. 

So, identify the functionalities you need. Keeping it simple will help reduce the cost of mobile application development and get you what you want.

 

  • Platform Choice

 

You also have a decision to make between iOS and Android app development.

 

Depending on which you're opting for, there are guidelines and a set of development tools, which can influence your budget.

 

If you're aiming for cross-platform development, remember that you might save some cost of developing a mobile application, but you have to compromise a little bit on performance. 

 

It is therefore important to weigh your options carefully.

 

  • Design Quality

 

If you look at the best mobile apps in India or in the USA, you will find they all have eye-captivating designs and top features.

 

Do not think that design does not cost much. 

 

Quality, user-friendly, and highly effective designs can boost the success of your app. However, they also increase the cost to make mobile applications. Whereas, a simple and minimalistic design can be cost-effective. 

 

A great design investment may mean better user engagement. 

 

  • Development Team Location

 

Where your development team is based has a major impact on the cost.

 

You can hire mobile app developers from regions that charge less, thus saving you quite a few dollars. Such as mobile app development cost in India is lesser as compared to the USA or UK. 

 

But make sure they are in good records. 

 

Quality is always an issue, rest assured you can look forward to getting an app into reality. 

 

Location

  Average Hourly Rate

Description

Overall Cost to Develop an App

North America

$100 - $250

High-quality, experienced developers, effective communication

$120,000 - $500,000+

Western Europe

$70 - $200

Good quality, culturally aligned, diverse talent

$100,000 - $400,000

Eastern Europe

$30 - $100

Cost-effective, skilled talent

$50,000 - $250,000

Australia

$70 - $120

Very cost-effective, large talent pool

  $8,000 - $150,000

Southeast Asia

$20 - $70

Affordable, growing tech landscape

$10,000 - $200,000

 

  • Developers' Experience

 

Experience matters. And your development team experience will make a big difference. Hiring an experienced developer is expensive, but often, this can result in high-quality work.

 

This can save on future maintenance, balancing out the investment immediately.

 

Note that you can go for countries with low hourly rates, it can surely help you get expert help on your project that too on budget.

 

  • Maintenance and Upgrades

 

After you decide to release your app, your product will need to continue to be maintained.

 

It is very much essential to budget for upgrades, which are one of the most overlooked costs in mobile application development.

 

This planning assures you will remain competitive and functional as time passes.

 

  • Integration of Features

 

Third-party features or API integration can increase the overall mobile phone app development cost.

 

Although these features improve function, they do add complexity to the development process. Be clear on what you need, so you avoid unnecessary expenses.

 

Knowing these factors gives you insight into planning your app's budget better and the decisions you make.

 

  • Customization Needs

 

Do you have very special requirements for your application? In that case, the cost will increase.



Implementation of a custom solution usually takes longer. This will depend on how much expertise is required. As a result, all this will affect your budget.
 

So, you know how customized your app needs to be to succeed. Your decision will decide the cost of your project. 
 

  • Security Requirements

 

In the digital world today, security is paramount.



Security features may be greatly integrated, causing a considerable increase in cost when developing an app.



If you plan to include high-level security, then it is literally a no-brainer. You have to invest a huge chunk of money, but this will save you from a lot of damage.


Consider your audience and how much they would feel safe with your app in the realm of constant cyber-attack.

 

  • Testing and Quality Assurance

 

The important step is quality assurance and testing, which should never be hurried.


The better the app, the more rigorous the tests will be, and this is going to be pricey.


Having invested in QA can save you a lot of issues that otherwise would have been lost through flaky bugs not caught earlier.


This is also the key requirement for a seamless user experience.

 

  • Integration with Existing Systems

 

If your application needs to integrate with other systems or databases, this usually adds to the cost to create a mobile app.


Otherwise, compatibility issues arise that would require more time and energy in the development process.

Make sure to clarify integration needs as early as in your discussion to avoid surprises later on.


After all, the smoother the integration is, the better your app will be.


Putting all these factors on top of the earlier points has helped you understand well-roundedly what to expect in terms of cost to build an app.

 

Now that you know about it, let’s find out how one can reduce mobile app development costs.

 

 

How To Reduce Mobile App Development Cost

 

 

Once you get the idea of cost, the next part is to understand how to reduce mobile app development cost. 

 

Let’s get to know about it:

 

  • Define Clear Requirements

 

To start with a practical scope regarding the cost you will incur, make sure to define clear requirements.

 

A well-defined scope ensures that there are fewer revisions and misunderstandings during the development process.

 

You avoid the unnecessary features that tend to inflate the average cost of mobile application development for investors who have well-defined requirements.

 

Spend some time in the planning phase clarifying what your app should do and what features it really needs.

 

  • Go Cross-Platform

 

Cross-platform development has a cost advantage over other development approaches.

 

You could share one codebase between iOS and Android devices, hugely reducing the mobile app development cost.

 

This can cut down on the average expense of developing an application, still covering more users.

 

Discuss this possibility with your developers and confirm that it makes sense for your application.

 

  • MVP Approach

 

Develop a Minimum Viable Product (MVP) from scratch.

 

By developing a product based on core functionalities, you can test the market and gather feedback before investing further in that project.

 

This strategy can pretty much impact how much mobile app development costs.

 

Once you validate your idea, you can gradually add features based on user feedback; and the average cost of mobile application development is managed to a tolerable level.

 

  • Choose a Skilled Development Team

 

Having a professional mobile app development company will prove worthwhile in the long run.

 

They may charge higher hourly rates, but their experience will enable them to catch and correct costly mistakes before they are made to prevent any sort of delays.

 

Besides, they will guide you to the best. 

 

Spend money on quality upfront. Since most revisions are associated with poor quality, spending on a better team will be rewarding in the long run. After all, it will have better quality and will save you a lot of revisions.

 

  • Leverage Existing Solutions

 

Do not build everything from scratch. Instead, look into leveraging existing solutions, APIs, or frameworks.

 

Saving time using third-party tools also ensures you save a lot of money and reduces time to market. 

 

The process of finding existing integrations can help make your development process smoother and lessen the cost of developing mobile applications.

 

Always ensure that these solutions support the goals and user experience of your application.

 

  • Feature Prioritization

 

Develop applications focusing on the most valuable features for the users.

 

By making a list of prioritized features, the development process can be streamlined, and also increase the chance of long-term success. 

 

Besides, this could also affect the direct cost of mobile app development.

 

If you want to keep the cost in line, it doesn’t have to include unnecessary bells and whistles, yet you can get a quality product.

 

  • Plan for Maintenance

 

Do not forget the future maintenance cost.

 

Planning the updates and improvements in advance helps manage your app in the long run.

 

Regular maintenance ensures that the application stays in working condition and keeps well-informed of the competition at a cost that is much less expensive than overhauls at a later stage in time.

 

Take these costs into consideration as part of your overall budget so that you can achieve a healthy lifecycle for your app finances.
 

 

Conclusion

 

 

Developing a mobile app in current times would require planning and budgeting.

 

More or less, an average cost can be from $8,000 to $250,000 or more, it will determine the complexity of the project concerning complexity, the platform, design, and development.

 

Reduce costs by defining clear requirements, starting with an MVP or cross-platform development, hiring good developers, using existing solutions, prioritizing features, and planning for maintenance.

 

With the proper consideration of these factors and cost-cutting measures, one can create a very effective mobile application within his budget.

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