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How Much Does It Cost to Build a Software Application?

How Much Does It Cost to Build a Software Application?

If you work in marketing and software development, then this is a question you hear all too often. Everyone wants to know how much it costs to develop a software application for their specific needs. The problem is, it’s a lot harder to answer this question than you might think. It all depends on the system requirements and how the software is going to function.

 

Software Applications Are Immensely Complex

 

You see, some software applications are much easier to build than others, which will ultimately mean they cost less money. It’s almost like remodeling your bathroom or kitchen – the price varies depending on how big the room is, the work that needs to be completed, and so on and so forth. Most people understand this, and yet they have a hard time understanding why software development costs may vary.
Think of it this way; every tiny detail in a software application needs to be coded in a specific way for it to carry out the desired functions in that app. For example, let’s take something as seemingly simple as a button. To the untrained eye, this is just a button you press to get a function of sorts. To a software developer, this button has been designed in a specific way with a particular type of text inside and coded to have a set of functions that makes it entirely different to another button that may look the same.
This is just an example of one tiny part of a software application, so imagine the complexity when you take all other aspects into account. Hopefully, you’re now beginning to see why it’s hard to give a direct quote for how much it costs to build an app.

Some Rough Estimates

 

While it’s nigh-on impossible to give a quote for the costs of building an application, we can perhaps provide a few rough estimates based on previous experience. So, if you’re desperate to know the approximate costs, then here are a few guidelines to help you:
  • $10,000 – $25,000: This is pretty much the lowest range you can expect to find. Typically, this is for applications that only have one elementary function.
  • $25,000 – $100,000: Moving things up a bit, this is the estimated cost for apps that have a couple of functions, but still aren’t too detailed or fancy.
  • $100,000 – $250,000: This is generally the average cost of a typical app that has a few features and looks professional.
  • $250,000 – $800,000: Anyone that wants a full software application with good features will have to spend anywhere in this region.
  • $ 800,000+: If you want a totally unique application that’s built from the ground up and packed full of amazing features, then you’re going to have to spend big.

 

Remember, these are all just estimates, so take them with a pinch of salt. Also, don’t forget that there are additional costs to consider – such as the cost of maintenance. As such, you can expect to add some extra dollars onto all of these estimates, particularly during the first few years of launching the app.
Hopefully, this post has shone a light on how much it costs to build a software application and why it’s so hard to provide a clear and accurate quote. There are so many things to consider, and that’s not even taking into account additional expenses like maintenance. The best thing to do is to approach software application development with an open mind and a pretty large budget!
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