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Mobile App Cost: A Comprehensive Guide on How Much Does Mobile App Development Cost for Entrepreneurs

How much does it cost to build an app in 2023
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Oana
Marketing Specialist
Oct 29, 2024 • 8 min

Having a mobile app is no longer a luxury—it's a necessity for businesses aiming to grow, innovate, and connect with their customers in a more dynamic way.

However, one of the biggest questions entrepreneurs and businesses have is: How much does it cost to build a mobile app?

Well, lucky for you, you've come to the right place, and we're here to tell you what it means to build a mobile app and what factors are taken into consideration.

We are Wolfpack Digital, a trusted and award-winning app development company with over 150 apps built in the last 9 years.
We know that every app is unique. Whether you're a startup launching your first app or an established company looking to expand your digital footprint, understanding the factors that impact app development costs is essential for making informed decisions.

In this guide, we'll walk you through everything you need to know about the cost of building a mobile app, from key pricing factors to real-world cost estimates.

Let’s get started! 

1. App Complexity

The more complex your app, the higher the development costs. The app development cost depends on various factors, such as the project's scope, the hourly rates of software engineers, and the complexity of the app itself.  Apps with advanced features like AI, machine learning, or AR/VR capabilities require specialized expertise and more development time. Here’s a general breakdown:

  • Simple Apps: These typically include basic features like a user interface, a simple backend, and no integrations. Development is quicker and less costly. An app development cost breakdown for simple apps usually shows lower costs due to fewer features and simpler functionality. Basic apps with minimal features (e.g., calculator or note-taking apps) can cost anywhere between $15,000 and $50,000.
  • Moderate Complexity Apps: Apps with additional features such as user authentication, payment gateways, or third-party integrations fall into this category and usually cost between $50,000 and $150,000.
  • Highly Complex Apps: These include advanced features like real-time data processing, third-party integrations, IoT integrations, AI, or complex algorithms ranging from $120,000 to $300,000+.

If you're curious, you can see a variety of mobile apps here.

2. Platform Choice: iOS, Android, or both?

Deciding whether to build for iOS, Android, or both will also influence the cost. Developing for both platforms simultaneously requires more resources but can help you reach a wider audience.

  • Native iOS & Android apps: Similar costs for both platforms; a standard app can still range from $40,000 to $100,000+ for each platform. An important mention is that OS-specific limitations might change the effort, but the development time is the same. 
  • Cross-platform apps: Using technologies like Flutter, Kotlin Multiplatform, or React Native allows you to build for both iOS and Android, reducing the time and cost of separate development. Cross-platform development costs typically range between $60,000 to $150,000.

With over 9 years of experience, we have developed quite a few iOS & Android apps, so make sure to check some of them out. 

3. UI/UX Design

Design is not just about aesthetics; it's about how users engage with your app. A well-crafted, intuitive, and responsive design is a must. Typically, a UX/UI design is between 10-15% of the total mobile app development cost, depending on the app's complexity and the need for custom design elements. However, having a high-quality UX/UI design or a Figma prototype can save a lot of budget hours as it clarifies the requirements before moving on to development. 

Here are some examples of UX/UI Design projects we developed.  

4. Quality Assurance

Quality Assurance (QA) is a critical phase in app development that directly impacts both the quality and cost of your project. The types of QA testing you choose can significantly influence your budget:

  • Manual Testing: This is the most basic form of QA, where testers manually check each feature, following the test plan to ensure that all features and user flows are covered. It's cost-effective but can be time-consuming.
  • Automated Testing: Using tools to automate repetitive tests ensures consistency and speeds up the process. However, it requires an initial investment in automation tools and scripts, leading to higher upfront costs.
  • Regression Testing: This ensures that new code changes don't break existing features. It's essential for complex apps to ensure stability, but remember that increases the overall effort.
  • Performance and Load Testing: Critical for apps expecting high traffic, this testing type helps identify and fix performance bottlenecks. It's more expensive but crucial for apps that require a flawless user experience.

Depending on the complexity and features of your app, QA typically accounts for 15-20% of the total development cost.

Investing in a comprehensive QA strategy may increase the initial cost but ensures a flawless final product. A well-tested app reduces the chances of post-launch issues, saving costs in the long run and enhancing user satisfaction. 

Here’s an example of why QA is an important part of the mobile app development process. 

5. App Maintenance

App Maintenance involves regular updates, feature enhancements, and bug fixes post-launch. This ongoing support is essential to keep your app relevant and functional in a constantly evolving digital landscape.

Why is App Maintenance Important?

  • Bug fixes: Even after extensive testing, some bugs may only emerge once users interact with your app. Regular updates are necessary to fix these issues.
  • OS updates: Mobile operating systems (iOS and Android) are updated regularly, and your app needs to be compatible with the latest versions to ensure continued functionality.
  • New features: As your business grows, you can add new features or functionality to your app. Ongoing development is essential to stay ahead of your competition.

On average, annual app maintenance costs range from 10-20% of the original development cost.

6. Project Management 

Effective Project Management is a key component of successful app development. Project managers coordinate between your team and the developers, handle timelines, manage resources, and address any issues arising during development. At Wolfpack Digital, we rely on proven methodologies like Agile and Scrum to deliver high-quality apps efficiently and on schedule.

Why is Project Management Important?

  • Streamlined communication: Acts as a bridge between stakeholders and the development team, ensuring everyone is aligned on goals and progress.
  • Risk management: Identifies potential roadblocks and finds solutions before they become significant issues.
  • Timely delivery: Keeps the project on schedule, preventing delays and cost overruns.

Project management usually accounts for about 20-25% of the total app development cost.

At Wolfpack Digital, our experienced project managers ensure that your app development process is seamless and transparent, guiding you through every step from ideation to launch.

7. Working with a Dedicated Development Partner

Collaborating with seasoned app development companies like Wolfpack Digital can save you time, reduce risk, and ensure a high-quality product from start to finish. As a web and mobile app development company, we offer comprehensive services, including access to expert teams and the latest technologies, which can significantly impact the quality and features of the final product. Our process begins with clearly defining project goals, scope of work, and feature priority matrix, as well as having a clear roadmap for the entire development process and a thorough budget management plan.

Our mobile app developers play a crucial role in adjusting app code for platform updates and contributing to the overall app development process. Our team handles everything from ideation to deployment, ensuring that your app is developed with the latest technologies and best practices. Having a skilled development team is essential for effective coding and feature implementation.

At the same time, our project managers ensure the process stays on track, as well as the budget plan, delivering a high-quality product that meets all your expectations. With our comprehensive approach, Wolfpack Digital takes care of everything, allowing you to focus on your business while we bring your vision to life.

The location of your development team can have a significant impact on pricing. Here's an average breakdown:

  • US/Canada: $100-$200/hour
  • Western Europe: $80-$150/hour
  • Eastern Europe (including Romania): $40-$100/hour
  • Asia: $20-$60/hour

Our team at Wolfpack Digital offers world-class expertise at competitive rates, providing you with the best balance of quality and affordability and instilling confidence in our team's capabilities.

8. How Pricing Models Influence the Mobile App Cost

Grasping the different pricing models is essential for understanding how they will influence your mobile app development costs. A well-planned budget ensures that every stage, from the initial Discovery phase to the final Deployment, is appropriately funded, allowing for a smooth development process and a successful app launch.

  • Fixed Price: Best for projects with a clear and unchanging scope. It’s ideal for businesses with well-defined needs. However, this pricing model reduces the ability to adapt to changing circumstances, and prior investment in research is needed to have a clearly defined scope.
  • Time and Materials: Offers flexibility, ideal for projects that may evolve over time. This model allows for iterative development, where the app’s features are refined and expanded during development. What is essential to keep in mind is that the more precise the requirements are and the fewer change requests or modifications, the more predictable the budget will be and closer to the initial plan.

Complete Cost Breakdown of Building a Mobile App

Here’s a summary of the costs you can expect when developing a mobile app:

Why Choose Wolfpack Digital for Your Mobile App Development?

App development is a complex process with many variables affecting the final cost. By understanding these factors and working with a trusted partner like Wolfpack Digital, you can ensure your app is developed efficiently and effectively. Additionally, it’s important to consider app maintenance costs, which include ongoing expenses for licenses, subscriptions, and support to keep your app functional and user-friendly.
At Wolfpack Digital, we don’t just build apps—we craft digital experiences that help businesses grow. With over 9 years of experience and a portfolio of more than 150 successful mobile apps, our team combines technical expertise with creative innovation to deliver apps that exceed expectations.

Here’s why businesses worldwide trust us:

  • Proven track record: Over 150 apps launched across various industries, including healthcare, fintech, transportation, social, and e-commerce.
  • Experienced team: A diverse team of designers, developers, and strategists committed to delivering high-quality products.
  • Competitive pricing: Based in Romania, we offer high-quality services at competitive rates, ensuring you get the most value for your investment. We can also easily collaborate across different time zones due to our geographical positioning.
  • Start-to-end solutions: From ideation to launch and ongoing maintenance, we handle every step of the mobile app development process so you can focus on growing your business.

Contact us for a detailed consultation and personalized cost estimate, and visit our portfolio to see more of our successful projects. 

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