How Much Does It Cost to Develop an App Like Instagram?

Which app comes to your mind when speaking of photos sharing? I bet a farm this is Instagram. Seeing its stunning popularity, you might have wondered how much its development could cost. Well, we have estimated the price.
Before diving into details here is a piece of advice: do not be fooled by the simplicity of the interface and a relatively small number of functions. This is just a tip of the iceberg. The creation of such application requires сertain skills and a considerable amount of time.
Getting closer to the subject, note that the basic algorithm of defining app cost is more or less unique. All you need to do is to get clear which options your app is going to have. After that, try to calculate how many time it is needed for their implementation. Don’t forget to include extra costs. Finally, derive a total amount.
One more tip: American / Western Europe and Eastern Europe teams are equally good in producing a high-quality product. However, the latest ones would not make your wallet that thin:).
For more detailed estimation of the Instagram cost, pay attention to the image below.
Infographic Source: https://www.cleveroad.com/blog/how-much-does-it-cost-to-develop-an-app-like-instagram-infographic