“Should I opt for hourly or fixed price app development?” is one of the most trending questions people asked Google this year.
This is because your budget requirements are one of the most critical factors when developing an application. As a result, most startups and small companies looking forward to investing in an application are looking for ways to make the right expense decisions.
App development is not cheap, and neither is it an easy process. It involves many crucial steps and decisions that need to be taken to build an outstanding final product. Therefore, we decided to answer all your questions to make the process easier for you.
This blog post will tackle all your queries and ultimately help you know how much it costs to make an application while keeping in mind both the approaches – hourly and fixed price app development.
Suppose you have planned everything about your application already and are very clear about what you need, then fixed price app development can be a good option for you.
As there is almost nothing left to decide or brainstorm about your application, you can simply hire a developer and provide the precise details you want in the form of a final product. Subsequently, you can decide in advance whether your final product should have complex or basic (MVP) features.
In such cases, both the developer and client can come to mutual terms and agree on a fixed cost for the project. Likewise, the client can also ask for a specific date when the final product can be delivered if the project is relatively easy to accomplish.
Although it sounds like a viable option, there are many factors that you should consider beforehand. For instance, you cannot decide to make any drastic changes in your product mid-way. This is to say that you need to be certain about the application’s features and functionality. As a result, your app’s overall ideation can get more challenging than the actual implementation of the features in the first place.
To conclude, fixed price app development is worth a shot; however, there is quite a lot of risk factor involved as you might end up spending more than you had initially expected by making subsequent changes in your final product.
Sometimes we wish to make changes in our application and offer an ideal product in the market. Indeed, both these things are possible with this model.
The hourly price approach is the exact opposite of the fixed price app development model. It is an excellent option if you cannot estimate the precise time and resources that your project will need. Moreover, this model comes in handy when you cannot predict whether your project will need changes over time.
Therefore, if you wish to be in a loop with the development procedure, an hourly-model is your best bet. However, developing an app via this procedure includes the cost of developing and implementing, project management, communication with the development team, and miscellaneous work. We will discuss these factors later in our article “Hourly vs. Fixed Price App Development” in detail.
Parameters |
Fixed Price App Development |
Hourly Price App Development |
Scope |
Small |
Medium to Large |
Budget |
Fixed |
Flexible |
Control |
Low and Limited |
High and Full |
Timeframe |
Fixed |
Flexible |
Requirements |
Defined |
Evolving |
Methodology | Waterfall |
Agile |
The cost of making your application is not just limited to coding and design. In addition to these, various other factors ultimately decide the cost of your project.
Let’s give you a step-by-step answer to the question “How Much Does It Cost to Make an App?”
Many startups and organizations often overlook the importance of business analysis. In fact, most people don’t find the relevance or value of it in the app development process.
However, this stage is crucial to your application and business’s success, especially if you don’t know how to implement your app’s idea. You may ask – is app development possible without business analysis? The answer’s no.
Let’s discuss the key activities involved in this process:
Whether you opt for hourly or fixed price app development, your application’s design’s cost can vary depending on its complexity. All the applications are broadly categorized into three categories: simple app, a more complex app, and a complex app.
Let’s discuss the approximate design costs based on the categories mentioned above:
Design |
Simple Design |
More Complex Design |
Complex Design |
Cost ($50 per hour) |
$5,000 – $10,000 |
$10,000 – $20,000 |
$20,000+ |
Note: These are rough figures and can vary from client-to-client and developer-to-developer.
Your application’s cost (hourly or fixed price app development) depends on your application’s features. You can include MVP features as well as additional features.
Do you wish to know more about hourly vs. fixed price app development for your upcoming project? Reach out to us and know the cost of developing a world-class app today!
The cost of project management is included in both hourly and fixed price app development models.
A project manager does the following tasks:
Generally, most software development companies offer project management as a service. However, the pricing differs (some charge hourly rates, others have a fixed price app development model)
To ensure that your application’s quality is up to the industry standards, having a QA engineer test your app is a must. Quality assurance consists of the following steps:
The main goals of Quality Assurance testing are as follows:
The answer to the question “how much does it cost to make an app?” also includes the cost of launching your application in the market. However, the cost of launching an application is not as high as other expenses.
There are two main markets – Google Play Store and Apple App Store for Android and iOS users respectively. Furthermore, you will need a developer account to launch your application in the stores.
Here’s the cost of app release:
Market |
Cost |
Payment Interval |
Google Play Store |
$25 |
Paid once |
Apple App Store |
$99 |
Paid every year |
Building and deploying your application is not the end; you also need to update and maintain it regularly.
App maintenance includes:
Apart from making the hourly vs fixed-price decision, these were the factors that you need to consider to come up with the cost of your application.
Besides, if you wish to know more about the costs associated with building your application, feel free to reach out to us and get started with a world-class app today!
Our applications are thoughtfully designed by keeping all your requirements in mind. By offering a great User Experience and User Interface, we ensure that your end-users love your application.
Do not forget to check out our portfolio of Mobile Apps!
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Khushboo Rajpal is a content writing associate at Idea Usher and a life-long learner. She uses her curiosity and experience as a content writer to write about subjects valuable to her readers, especially startups and nascent organizations.
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