How Much Does it Cost to Create an App in 2020?

There are already more than 3.5 billion smartphone users around the world, which means that mobile application development keeps rising in popularity. The very first concern companies that consider building a mobile app for their business face is the cost of mobile development. Unfortunately, there’s no universal rate since many factors are involved.
The time-proven statement “”you get what you pay for”” is certainly accurate when it comes to mobile app development. You are likely to come across various cost estimates but they are nothing more than a marketing trick to grab your attention because they can’t show you the real picture.
The thing is that a large number of factors affect app pricing. Even a seemingly simple app can cost several thousand dollars, all because it’s technologically difficult to execute. The average cost of a mobile app may actually vary from $10,000 to $250,000. That’s a wide gap.
Many factors may be involved in the app developing cost estimation. Without knowing the main factors of your mobile app, such as app business logic, features, development team location and composition, and so on, no mobile app development company can give you a precise cost estimate.
There are many online app cost calculators available that can provide approximate cost, but if you want a precise method to calculate the cost here’s an infographic that will help you to estimate the cost of your app.

Infographic Source: https://scand.com/company/blog/how-much-does-it-cost-to-create-an-app-in-2020/