How Much Does it Cost to Create a Mobile App in 2023?[Global Cost]

Do you have any ideas? How much does it cost to create a mobile app for your company? 

You’ve undoubtedly asked yourself this question before, especially if you’re interested in app development. It’s one thing to have an incredible, out-of-the-box mobile app concept. Another thing is to execute it strategically and flawlessly. The process is massive, and this is where discussions about how much it costs to develop an app begin and have gone unanswered for years. Today, we opened the commonly asked questions and one of the top boardroom conversation issues and answered them all as you scroll through the blog.

As per Statista, Android users had a choice of 3.55 million apps in the third quarter of 2022, making Google Play the app store with the most available apps. The Apple App Store was the second-largest, with about 1.6 million iOS apps available. 

With such rapid growth and increasing popularity of apps across regions, every business leader, regardless of size or scale, is eager to develop an app to offer their company a digital makeover. Ideally, an app development business would provide you with better results on schedule than freelancers or hiring specialized mobile app developers. This article provides a comprehensive overview of the global software development market. You will learn how to determine app development costs, which factors influence the price, and how to efficiently manage app development costs to avoid future surprises.

Let’s get started on the cost calculation.

Cost to Create a Mobile App

The answer to this question “how much does it cost to create a mobile app” is clear but difficult to grasp. The cost of developing an app is determined by the number of hours it takes a developer to finish each stage of the app development cycle, which adds to the developer’s cost as a resource.

So, to give a general estimate of how much it costs to construct an app (with a rate of $25 per hour on average), a basic app will cost around $80,000. Apps of medium complexity will cost between $150,000 and $250,000. Complex apps typically cost more than $250,000. However, we have analyzed your needs for an exact figure and provided you with a personalized app cost estimate.

Cost For Android App Development

Cost For iOS App Development

Cost for iOS and Android app developer 

Cost for iOS and Android app development Based On The Team

Cost of App Development by Region

Features That Determine The Cost To Develop An App

Understanding the answer to the question “How much does it cost to create a mobile app:” is difficult without knowing the features you will provide to your users. As previously said, various features and difficulties determine the ultimate cost projection for app development. As a result, before you begin working on it, we want you to carefully review your requirements. Here is an estimate of the cost to create a mobile app for various basic and complicated features. 

Factors that Affect Mobile App Development Cost

To make a cost-effective selection, you must understand the fundamental problems behind mobile app development prices. This will maximize the return on your investment in growth. Let us examine each of these elements in greater depth: 

1. Mobile Device Platforms:

Undoubtedly, the cost to create a mobile app varies based on the platform for which you want to create an app – Android or iOS. As a result, if you require extensive compatibility across different devices (smartphones and tablets), the cost of designing an Android app will be slightly more.

2. Type and Size of the App:

The size and type of an app are the next factors to consider while designing one. Decide whether you want a native app designed for a specific platform, such as Android or iOS, or to invest in a hybrid app with a single code base published on several platforms.

3. Core Features:

The amount and complexity of features are also important factors that influence development costs. As the amount of features and functionalities grows, the price will rise. As a result, you must differentiate between your application’s primary and secondary functions.

4. App UI/UX:

User experience (UX) and user interface (UI) are critical to the success of your application. It isn’t easy to produce a simple yet unique UI/UX app design, and there will be additional charges as we add more features and integrations; the time and expense of building an app increases, as does the development process. The intricacy of the design, the business logic, and the number of roles all significantly impact the cost of producing an app. 

5. App Updates and Maintenance:

Mobile apps necessitate frequent maintenance, often known as application upgrades. After the program is out, money must be spent on maintenance issues such as bug patches and the inclusion of new features via updated versions. This cost rises as the number of enhanced versions increases.

The Cost Estimation For Popular Apps

These real-world examples may help you better grasp mobile app development costs. 

1. Whatsapp –

WhatsApp is a messaging program that uses the internet to communicate messages, photos, audio, and video. 

• Feature: social login, messaging, push notifications, end-to-end encryption
• Estimated cost: $40,000 -$90,000+

2. Uber –

Are you also wondering how to make an app like uber? Uber is a ridesharing service that links riders with nearby drivers. Currently, the app has over 118 million users. 

• Features: Signup, notification, reviews, live tracking
• Estimated cost: $30,000 -$80,000+

3. Netflix –

Netflix is a streaming service that requires a membership and enables users to watch TV series and films on devices that can connect to the internet.

• Features: User profile, screen mirroring, watchlist, payment gateway
• Estimated cost: $40,000 -$150,000+

4. Airbnb –

Airbnb is a smartphone application that links renters and persons needing temporary housing in a certain place.

• Features: Search field, In-app chat, Reminder, Review and ratings, Listings
• Estimated cost: $50,000 -$150,000+

Conclusion

Being aware of mobile application development costs is helpful for business owners. The typical cost to create a mobile app varies substantially based on the app’s complexity and features, as well as the experience and location of the development team. So, if you launch an app, you can receive a free estimate of the cost of producing an app from a reputed mobile app development company and benefit from its high-quality app services.

FAQs

Question 1: How much time does it take to develop an app?

A basic version of an app can take 3 to 5 months to develop. At the same time, a complicated program with many features can take 10 months or more. 

Question 2: Can I create an app on an extremely limited budget?

Yes, you can create an app on a shoestring budget using the MVP approach. The MVP strategy lets you concentrate on key features and launch the product faster while saving money.

Question 3: Are there any additional charges associated with app development?

Yes, there may be unanticipated costs involved with app development that must be considered. 

Question 4: How much does it cost to keep a mobile app running?

App maintenance fees might range between 15% and 20% of the initial development cost.