In this digital age, everything is just a click away from us. Only one tap on your phone, and your work is almost done. Thanks to the advancement achieved by the mobile app development company in New York USA, that has transformed our lives digitally. This digital transformation is a golden chance for app developers to expand their services, showcase their skills, and make a tremendous amount of money from this growing market.

Businesses can also grab this opportunity by making their presence via apps. The usage of apps is increasing rapidly, and this sector is expected to grow faster in the upcoming years. If you are thinking of developing an app, you should know about its development from scratch. But before its development, you should have a refined knowledge of the app development cost.

Here is a quick guide of 7 factors that determine the development cost before starting with your mobile app development company in New York, USA:

7 Aspects that determine the cost of mobile app development

1. The type of app

Before creating a roadmap of your project, you should be very clear about the kind of app you want to develop. This decision will help you decide the budget accordingly as development cost depends on the type of app chosen. Each type has its respective specifications that alter the cost of development.

Some commonly known types are:

• Social Networking apps
• E-Commerce apps
• Data-driven apps
• On-demand apps

The category of your app, like music, fitness, business, education, etc., may affect the cost of your app after type selection.

2. The selected platform

This is the next cost determining factor for any mobile app development company in New York, USA. The cost to create Android apps and apps for iOS differs significantly. This difference in cost is due to the different approaches taken to build the app. Both of them use different programming languages, development tools, and have different software development kits (SDKs). It would be best if you decided on the platform to launch your app.

If you want to create the app for a single platform, then there is no much addition to the development cost. But if you are planning to launch it on two or more platforms, it will cost you more.

3. The location and structure of the developing team

This is another factor that affects the cost of app development. The development cost varies for different countries and regions where developers live in. For example, North America developers charge up to $150/hour, whereas in Eastern Europe and India, they cost around $30/hour.
The developers in Indonesia charge only $11/hour. Keeping the budget in your mind, you can outsource the project development accordingly.

4. The complexity of the app

Of course, the cost of development will increase with increment in the complexity of the app. Broadly, apps are classified into the following three types:
Basic Apps- Such apps include basic features, and their development costs around $1,000 to $4,000 only.
Gaming Apps- Though these apps include basic features, their complex virtual reality takes up most of the allocated budget. On estimation, it may cost from $6,000 to $250,000 or maybe even higher.
Web Server Apps- Such apps require remote data servers with refined and complicated programming. This may cost from $8,000 to $50,000.

5. Features and functionalities of the app

The number of features in your app is directly proportional to the development cost. Some must-have features including user login, profile settings, notifications and reminders, search bar, and social media integration. The more features you add in your app, the higher will be its development cost.

6. Visual Design

This factor adds more expenses to your project. Creating an attractive and appealing user interface design may cost you more than a basic design. But, it is worth investing in this step as it enhances user experience. You may use OS-supplied items and building screens of standard elements to minimize your cost.

7. Backend Infrastructure

To track user activity and examine the performance of your app, you need backend infrastructure. This structure is an OS that equips developers with APIs and allows data exchange between an app and a database. It is well-equipped with analytical tools. The addition of this structure adds to the development cost. The cost may alter on including more tracking parameters.

Conclusion

In a nutshell, a basic app will cost you around $25,000; medium complex apps will cost $40,000 to $70,000 approximately while extremely complex apps will cost you more than $70,000. The factors, as mentioned above, will guide you to allocate the right budget to your project. It is advised to use your budget wisely and invest the amount on a professional and hard-working developing team.