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Software Development Costs

Chudovo teams with practical experience in 16+ industries will provide cost estimations of your project and implement it.
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Example Software Development Cost

How much does it cost to develop software - this is one of the first questions that customers ask before starting cooperation and further discussing details. Sample estimates for the project development are displayed in the table below. The pricing shows example prices for software product development based on Chudovo's experience in previous projects.
Software complexity
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Simple
Examples

E-commerce website

Price range
from $20000
to $50000
Development time
2-3 month
Examples

Basic mobile app

Price range
from $10000
to $30000
Development time
1,5-2,5 month
Examples

Simple desktop application

Price range
from $10000
to $30000
Development time
1,5-2,5 month
Software complexity
☆☆
Medium
Examples

Medium-sized B2B platform

Price range
from $50000
to $150000
Development time
2,5-5 month
Examples

Social media applications

Price range
from $60000
to $200000
Development time
3-5 month
Examples

Complex mobile app (with advanced and native features)

Price range
from $50000
to $120000
Development time
2,5-5 month
Software complexity
☆☆☆
Enterprise
Examples

Enterprise web portal

Price range
from $150000
to $300000
Development time
6+ month
Examples

Business process automation tool/app

Price range
from $120000
to $300000
Development time
4+ month
Examples

Large enterprise application with integrations (ERP/CRM)

Price range
from $150000
to $500000
Development time
6+ month
The final cost and timeline estimates for the project can be defined after requirements clarification, definition of work scopes, and other factors.

Pricing Models

While researching the software development cost ranges it is important to clarify pricing models for the project implementation we work with:

Model Time and Material Fixed Price
Project Duration Long-term, short-term Short-term
Development cost Payment every month by agreed hourly rate or general sum; hourly rate depends on the tech stack, seniority of the software engineer, and his experience Payment for the entire project
Requirements The project can start with or without the precise requirements and specifications. The customer can request the changes at any stage of the project. Requirements should be clearly described and work scopes approved before the project starts. After the project starts each request for additional features or changes should be discussed and additionally estimated in terms of additional pricing.
Development process Agile, Scrum, RUP, Getting Real, Kanban Waterfall

 

Factors That Influence the Cost of Developing Software

We have been working on the market for more than 15 years, and have 160+ implemented projects across different industries and countries. Based on our mentioned experience we have outlined the main factors that influence the final costs for the project implementation.
benefits
Programming Language, Tools, Frameworks, and Services to Be Used
Tech stack selection impacts the cost needed to develop software as it differs in its complexity, ease of implementation, developer availability, and more. C#/.NET, Node.js, Python, C++, PHP, and Java are usually selected for the back-end development; Angular, React.js, Vue.js, or other JavaScript-based frameworks - for the front-end. Cloud providers have different pricing plans depending on the project configuration. The most common choices are Azure, GCP, and AWS.
benefits
Complexity of the Software Solution
During the estimation of the software development cost the consultants take into account the initial requirements of the system, the complexity of business logic and user interactions, the scope of functionalities that should be implemented, potential risks that may arise, the selected software architecture, etc. Another important point is the availability of clear and detailed requirements in the form of specifications or simply having an idea for a product without clear requirements.
benefits
Type of Solution and Approaches to Their Development
There can be a need for the development of the precise solution type: web, mobile, desktop, or embedded system. The customer also may need its combination. For instance, to launch the web app first and after to release the separate mobile application. Another example - is to launch a web application that has a responsive design and can be used on mobile phones, eliminating the need for a separate app.
benefits
Need in Integration with the Hardware
The integration of the software with the hardware can require additional skills from the developer that might influence the software project costs. Sometimes these skills can be too specific. Example from healthcare: diabetes application needs the integration with the insulin pump over BLE. Another example of video security: video surveillance systems and their connection with cameras, encoders, storage infrastructure, and more.
benefits
Need in Custom Development or Customization of Ready-Made Solutions
On the one hand, custom development requires more development time and costs but it enables the creation of the software that is fully owned by the customer. On the other hand, ready-made, faster solution delivery on the market due to pre-built templates and features need just some customization but there will be costs either for the initial solution purchase or monthly/yearly licensing (e.g. ERP systems).
benefits
Requirements for the Integrations with Third-Parties
The integrations with third-party systems, tools, and APIs on the software cost. The reason is to understand APIs and data structures, establish the connection, and ensure the correct operation between the systems. It is necessary to constantly monitor versioning and compatibility, etc.
benefits
Industry and Compliance with its Standards
Software development across industries may share some common principles and approaches, but industry-specific compliance requirements may apply (for example, HIPAA for healthcare). In addition, there may be additional requirements for certain flows in the implementation of solutions (for example, fintech applications have specific security requirements, such as data encryption, multi-factor authentication, etc.)
benefits
Additional Requirements for the System Performance, Scalability, Security, and other aspects
The customer may have specific additional requirements for the system, which should be discussed and approved.
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