Hiring an app developer or turning to a tech staffing agency for the same will impact your overall app development cost. The question is: how much will it cost to hire an app developer?
Building an app is as exciting as it is arduous. From charting out all the requirements and features to mapping out development deadlines to dealing with miscellaneous roadblocks, building an app can get quite overwhelming. This is why hiring an app developer can vastly help to navigate around this maze.
What Factors Determine The Cost Of Developing An App?
While hiring an app developer certainly impacts the overall app development cost, let’s start by understanding all the technical factors that affect the cost of app development. App development costs are largely dependent on three basic parameters:
It’s important to note that these three cost factors are broad in their scope and one must budget for back-end servers, frequent app updates, marketing costs, and other hidden costs.
What Is The Cost of Developing An App?
Based on App Development Cost Research, a simple app on a single platform can cost around $25,000 and more complex apps can cross six-figures pushing upwards of a million dollars. This is largely dependent on who develops the app and the factors mentioned in the section above.
For instance, a multi-platform app that requires complex design user interfaces, strong back-end CMS (content management system), and high-end cloud servers can cost anywhere from $250,000 to $1,500,000.
Similarly, a moderately complex app built by a leading app development company can cost anywhere between $500,000 to $1,000,000. Compared to this, apps built by smaller companies (who have only 3-4 people) or boutique agencies can cost around $50,000 to $500,000.
The following table will offer a better perspective.
It’s important to remember that estimating the cost of building an app is like building a house. And just like how every house has its unique set of specifications and features, every app has its own set of individual requirements that can greatly impact costs.
Also, the costs mentioned here are based on minimum time and effort and so, the exact cost of building an app boils down to the precise specifications and who is building it.
Who Will Develop The App For You?
The cost of developing a slick app largely depends on who will develop it.
Do you want to hire an in-house team of developers?
Use a freelance marketplace? Or tie-up with a mobile app development agency?
For hiring an in-house team, you’ll need to budget for various hiring and administrative costs coupled with training and other expenses. On the other hand, using the services of a freelance marketplace like Toptal or Gun.io can prove to be a highly effective and cost-friendly solution.
Another great alternative is to simply sign up with a mobile development agency like Willowtree or Apptology. These specialized agencies offer unique specialists catered to your development requirements.
However, if you plan on developing several other mobile apps, it may make more financial sense to build an in-house team or to hire a bunch of seasoned freelance developers. To better explain this, here are the pros and cons of hiring a mobile development agency or a freelance developer.
Pros and cons of hiring a custom mobile app development agency
1. Multifaceted talent providers
Most app development agencies double app as a full staff agency that offers app developers, designers, quality analysts, all under one roof. This means you don’t need to hunt for talent outside of the agency.
2. Information provided beforehand
Mobile app development agencies provide all necessary information like their portfolio of work, estimated cost of development, project estimates, etc. beforehand. You know exactly what you will get before you sign up for their services.
3. High-quality services
App development companies ensure top quality app development services from their employees. The company ensures that all the work is done as per the given timeline and without compromising on the quality.
1. Lack of dedication
A major disadvantage of hiring an app development agency is the lack of dedicated attention due to the multiple projects being taken up at once. There is a good chance that a team of developers are working simultaneously on or two to three projects at the same time. This will hamper productivity and efficiency for your app.
2. High Cost
A major disadvantage of hiring a well-reputed agency is the high cost associated with it. Given that top quality and proven work often demand higher costs, it still can be a con for those on a shoestring budget.
Pros and Cons Of Hiring A Freelance Developer
1. Lower costs
The cost of hiring a freelance app developer will surely be lower than that of hiring a mobile app development agency since you are hiring only one or two experts.
2. Talented developers
Most freelance developers on marketplaces like Toptal are highly qualified individuals with several accolades to prove their mettle. These candidates are experts with years of app development experience.
1. Hard to find all the talent
When it comes to hiring freelance developers, it’s hard to find all the talent your app idea requires in one developer. You’ll have to hunt for designers and testing personnel separately and that can be very time-consuming.
2. Lack of project management
Unless you are using a freelance marketplace, working directly with freelancers means there will be no project manager to coordinate with. You will have to directly liaise with the freelance team and set budgets and timelines accordingly. You will also have to regularly follow up.
How Much Does App Design Affect Overall Development Cost?
Steve Jobs once said that “design is not just what it looks like and feels like, design is how it works.” This holds true in the case of mobile app development design since the entirety of the app depends on the visual design, user interfaces, and user experience.
The logos, icons, branding, wireframes, all play a critical role in the success of an app. Having said that, the design of the app also impacts the cost of development. A seasoned designer can cost upwards of $150 an hour and a less experienced designer can charge around $50 an hour.
These costs differ in different parts of the world and so it makes sense to outsource the designing to a country where the costs might be lesser. For instance, in certain Asian countries like India, the cost can be as much as $10 to $20 an hour for good quality work.
Another parameter to consider when it comes to design costs is the complexity of the app. Simple app designs can cost around $5000 whereas complicated apps with multiple pages and intricate design elements can cost upwards of $25,000.
Even the platform plays a role in determining the cost. Android apps can be designed in a budget of $5000 whereas the same IOS app can go over $12,000.
What types of features impact app development cost?
App development is an intricate process that requires building and enabling a host of features. Every feature adds to the time taken to deliver the app and the overall cost of the app.
In fact, an Outsystems survey titled State of application development 2017, indicated that around 80% of mobile apps take more than 3 months to develop! This is primarily down to the complex features most apps come equipped nowadays.
Assuming the cost per hour is between $25 and $50, here’s what your cost structure for the following sample features would look like: