Based on the market study, the average cost of making a mobile app is between $2,000 and $25,000, but it can be more than $25,000 & delivery time depend on feature and functionality require to add. If the prices are so different, you should ask yourself why before you start your software development job.
This is because the average cost of making an app relies on a lot of things, such as the complexity of the project, the app's features and functions, the operating system chosen, the app's UI/UX, the tech stacks used, the location of the app development team, and the features and functions of the app.
When these things are taken into account, the normal cost of making a mobile app can be broken down into three levels:
1) The cost of making simple software
Built with the most important functions and can cost more than $1000 to $10,000.
2) Costs of mid-level software development
It can cost anywhere from $5000 to $25,000 or more and comes with a lot of features, such as user login, protected data security, and more.
3) The Cost of Making Advanced Software
The new version of the app was made using the latest technologies and tech trends, such as AI/ML integration, Custom mobile applications, Blockchain-based payment systems, IoT connection, cloud computing, Generative AI, and more. Depending on what you need, it will cost around $10,000 to $75,000 or more to make an advanced version of the app.