Cost to Develop an App in 2024
20 March 2024
18 min read

Cost to Develop an App in 2024

By 2024, a properly designed mobile app can become a real hit for businesses everywhere. Mobile applications allow business owners to reach customers, improve the company’s image, and communicate directly with each customer. A custom company icon on someone’s smartphone won’t make them forget about you and will increase the probability of repeat visits.

Many entrepreneurs and business people are afraid to start development because they do not know how much does it cost to make an app and where to start. If you want to know the cost of developing an app and the opportunities of creating an app for your business, you should read this article. Ukrainian company Binerals, specializing in software development, will share all the secrets about the cost of application development. After reading, you will know how much does app development cost.

Breakdown of Costs in App Development

Breakdown of Costs in App Development

Before you start creating an app and calculating its price, you need to understand what factors usually affect this price. Spoiler alert – the average cost to develop an app can vary greatly depending on its quality and brand. We have written specially for you the important points that affect the final price of the application:

1. Application type

  • Simple applications
    Core functionality, limited user interface, and limited user interaction.

  • Medium difficulty
    API integration, intermediate user interface, and easy functionality.

  • Difficult applications
    Advanced features such as artificial intelligence, complex graphics, and integration with multiple systems.

2. Platform

  • iOS
    The ability to run applications for Apple gadgets can increase the cost of creating applications due to strict design and general requirements.

  • Android
    Having more devices will increase the cost of testing a digital product.

3. Design and additional user features

  • UI/UX design
    Design and uniqueness directly affect the final price.

  • Animations and interactive elements
    They improve user interaction but require additional resources.

4. Functional capabilities and integrations

  • Essential functions
    Authentication, user profiles, search, chat, and others.

  • Advanced features
    Geolocation, payment systems, and social media integration.

  • Difficult missions
    VR, artificial intelligence, big data, etc.

5. Testing and maintenance

  • Quality assurance and testing
    Regular maintenance and checks to ensure the security and stability of the application.

  • Support and updates
    You should update your program regularly to ensure users receive the latest technology and stable performance.

You should know that just creating a program is not enough to be successful. You should test it first, then maintain it regularly. Breaking down and listing everything that affects price before building your app lets you know the average development price. This will help you understand how much does it cost to build an app.

How Much Does Each Stage of App Development Cost?

Building a mobile application is not just about writing code. It is a multi-stage process that includes planning, design, development, testing, and deployment. Each of these stages requires time, expertise, and resources - and together they form the total cost of app development.

The final budget largely depends on the complexity of your product and the depth of work required at each stage. Below is a breakdown of the key phases involved and how they impact the overall cost.

Planning

Every successful app starts with a clear plan. At this stage, you define your product vision, business goals, target audience, and key functionality.

Planning helps avoid costly mistakes later by aligning stakeholders and setting a clear direction for development. It typically includes market research, competitor analysis, and high-level feature definition.

Terms of Reference (Project Specification)

The Terms of Reference (TOR), or project specification, translates your idea into a structured document that guides the entire development process.

It defines how the app should work, what features it will include, and outlines technical, security, and integration requirements. A well-prepared specification reduces ambiguity, speeds up development, and minimizes risks.

On average, this stage accounts for around 10% of the total development cost, but it often saves significantly more during later stages.

Prototyping

Prototyping focuses on creating the initial structure of the application. It defines user flows, screen layouts, and how different elements interact with each other.

This stage allows teams to visualize the product before development begins and identify usability issues early. Prototypes can be created by designers, product managers, or business analysts using tools like Figma or Miro.

The cost of prototyping depends on the number of screens and complexity, typically starting from $500.

UI/UX Design

Design plays a critical role in user engagement and product success. At this stage, the visual identity of the app is created, including layouts, color schemes, typography, and interactive elements.

More complex applications require multiple screens and adaptive designs for different devices, which increases both time and cost. A well-designed interface improves usability, retention, and overall user satisfaction.

For medium-complexity apps, design costs usually start from $1,000 and grow depending on scope and detail.

Application Development

This is the core stage where the product is built. It includes frontend development, backend infrastructure, API integrations, and database setup.

The development team typically consists of mobile developers, backend engineers, and DevOps specialists. The cost here depends heavily on app complexity, chosen technologies, and feature set.

For simple applications, development may start from around $3,000, while more advanced solutions can scale significantly higher.

Testing and Quality Assurance

Testing ensures that your app works reliably across different devices and scenarios. This stage identifies bugs, performance issues, and usability problems before the product reaches users.

Quality assurance includes functional testing, UI testing, performance checks, and security validation. Skipping this stage can lead to poor user experience and costly fixes later.

Testing for a simple app usually takes up to one week and starts from $500, depending on scope.

App Store and Google Play Deployment

The final stage is publishing your app in marketplaces such as the App Store and Google Play. This process includes preparing assets, configuring settings, and ensuring compliance with platform guidelines.

Approval can sometimes be delayed due to strict requirements, especially regarding user data, permissions, and security policies. Proper preparation helps avoid rejections and speeds up the release process.

In most cases, deployment is included in the overall development cost and marks the transition from development to real-world usage.

How Much Does Each Stage of App Development Cost?

Does the App Development Price Depend on the Type and Platform Chosen?

As we mentioned above, the cost of application development in 2024 depends on many factors. The type of application and the platform it runs on are important factors that affect its price. What will be cheaper? Is it worth paying more? Let’s talk below!

Cost depends on the type

Apps typeDetails and cost
Simple applicationsSimple services generally do not require complex operations or API integration. Estimated cost: $3,000 - $10,000.
Data applicationsComplex in terms of data management, often requiring server-side support and database integration. Estimated price: $10,000 - $30,000.
Social Media ApplicationsThey need scalability, high collaboration capabilities, and high security. Estimated price: $15,000 - $50,000.
Optional service appsInclude advanced features such as location, online payment, and content updates. Estimated price: $20,000 - $60,000.
Business applications (ranging from basic communication tools to advanced CRM systems)Designed for specific businesses and requires integration with the security and recovery process. Estimated price: $20,000 – $100,000.
E-learning applicationsInclude interactive content, videos, tests, and development programs. Estimated price: $10,000 - $50,000.
Video streaming applicationsRequire strong server support and optimization to provide normal video playback. Estimated price: $20,000 - $100,000.

The price depends on the platform

PlatformDetails and cost
iOS appsThe high price for iOS apps is caused by strict Apple standards. Estimated price: $20,000 to $80,000.
Android appsAndroid apps need to be tested on multiple devices, which increases the final cost. Estimated price: $20,000 - $80,000.
Web appsWeb apps are cheaper and do not require App Store permissions. Estimated price: $15,000 - $50,000.
Cross-platformSave costs by building on multiple platforms simultaneously. Estimated price: $25,000 - $75,000.

The price depends on the developer

DeveloperDescription
FreelancerA person who does all the work of creating an application, from design to programming. Although the price is low, there are many risks due to prolonged construction time and fraud of contractors. An hour’s work costs about $10.
Digital AgencyThe best solution for simple mobile programs. Often the work is done using a conveyor belt, and some of the work is delegated to freelancers, so they cannot use this hard work. Agencies charge $15 per hour for their work.
Professional CompanyCompanies with cutting-edge technology, with their success in niche products and experience in mobile application development. They can handle complex tasks and high demands. The average cost of an hour of work at a professional company is about $30.

Tips to Reduce App Development Costs

Senior executives have urged project managers to reduce the final cost of app development. Managers face the problem of not knowing how to save money. But it is still possible, and we will show you how to do it.

  • Be clear about your needs. A clear understanding of your app’s purpose and functionality can help you avoid unnecessary development costs for ongoing work.

  • Process development Outsourcing. Using an outside development team will generally cost more than hiring in-house experts. Learn how outsourcing Ukrainian developers can help you save money on creating an application.

  • Choose the functions. Focus on future features. Prioritize the most important so you don’t have to pay for unnecessary features later.

  • Make tests often. Don’t forget to test your app regularly. It will help you detect problems in time and solve them quickly.

  • Minimum Viable Product (MVP). Releasing an MVP with easy functionality to collect user feedback can reduce mobile app development cost.

  • Use cross-platform tools. Developing programs for multiple platforms simultaneously can decrease development time and costs.

Remember these tips and use them in practice. Analysis shows that you can save 10-15% of the total project cost by using all the recommendations.  You can also learn software development approaches that can help you in the future.

Tips to Reduce App Development Costs

App Development Cost of Renowned Startups

The best way to graduate the importance of apps to your business is to look at examples that have already been made. Today there are many similar stories around us. Some projects can earn hundreds of millions of dollars in a short period of time, thanks to the development of a simple application. We have prepared for you 6 examples that shocked the whole world.

App Development Cost of Renowned Startups

Tinder

Tinder has become a revolution in the dating industry, showing how efficiently you can create app like Tinder and achieve phenomenal success. Tinder’s initial development costs were estimated to be tens of thousands of dollars, but the app now generates millions of dollars in revenue thanks to its popularity and financial model.

LinkedIn

LinkedIn is an example of how to succeed in effective communication. The cost of creating such a website may vary, but the main thing is to invest in good features and security of user data. Interestingly, the app generated more than $7 billion in revenue in 2021. What are some ways to make the practice profitable? You can learn how to build a website like LinkedIn.

Indeed

Job search programs are always so popular and bring a lot of money for the owners. Indeed is good proof of this fact. Learn how to create a website like Indeed to achieve success in the field of job search services. However, such programs are very expensive.

Instagram

Instagram is one of the most widely used applications in the world. What is the secret of success? Social media has always been and will always be very popular in society. Thanks to this, the company earned millions of dollars. Surprisingly, the cost to build an app like Instagram is not much different from others.

Snapchat

The question of how to make app like Snapchat worries many people because the example of this social network is impressive. The interesting thing is that this company’s profit is growing rapidly every year. But the cost of the program is not small.

OnlyFans

The OnlyFans developers wasted no time and created something that always brings a lot of money. Nowadays, the application is popular in America, Europe, and all over the world. That’s why many people are thinking about how to make an OnlyFans in their region.

Final Words

Each application for a medium or large-sized business is a unique project and is evaluated directly during planning and design. Now you know exactly how the price is formed and what affects the average cost of mobile app development.

The best solution is to turn to professionals who have success stories in their portfolios. Binerals has extensive experience in creating mobile apps and provides innovative software development techniques. Remember that investing in app development is investing in the future of your business. Your choice of a development partner and software development strategy can determine the success of your project in a competitive digital environment.

FAQ