App entrepreneurs always look to cut down development costs while ensuring quality. When it comes to creating apps, the amount of money to be spent entirely depends on the type of app the developer wants to create.
The cost of a simple enterprise app would be much less than a medium enterprise app, whose cost would in turn be less than a complex enterprise app. Building a mobile application mainly involves human capital. If there is a single person working on the app development, the costs are obviously going to be lower.
Excluding the costs of the hardware involved in the process of app making, you have to buy a domain name and hosting. There is also the developer fee, and many of these costs may be recurring on a monthly basis. There are different app developers in India, who charge anything between $40 to $125 an hour. The more time they give to developing a particular app, the more they charge. If the infrastructure of the app is complex, the developer will surely take more money.
In India, the approximate cost of building a simple app can cost from $5,000 to $8,000. Similarly, the cost for building a complex app may rise up to as much as $40,000. There are a number of reasons that lead to an increase in development costs – for example, making regular updates to the application, handling user problems, managing reviews about the application, and so on.
You can lessen your app development costs if you are clear about what you need. Being unsure about your needs can actually shoot up costs. It's always a better idea to understand and make a proper strategy including your app requirements and what you want your app to be before proceeding with app development. Talk to the developers and try to have a proper estimate of the costs involved. You do not want to spend a lot of money without any results.