How Much Does Custom Web Development Cost In 2022?

Read this blog post to know the importance of custom web development for your business — Why custom web development is the best approach for business.

In this digital era, it is essential to develop and maintain a website. It is clear that the web is a great marketing medium for businesses.

Now, the question is no longer whether you require a site or not, but how much cost is needed to develop a site meeting your business requirements. Moreover, you can also hire a web development company for getting a site as per your business standards.

This blog post will discuss some of the factors that affect the cost of web development.

Factors that Determine the Web Development Cost

Some of the factors that affect the cost of website development are listed as follows -

Type and purpose of your site

Team’s kind

Other factors include web hosting, domain name, etc.

Web Development Cost Based on Site’s Type and Purpose

Let’s see the cost of developing different kinds of websites.

Brochure — These kinds of sites are the landing web pages. The estimated cost of developing a brochure site is approximate $3000.

Blog Site — These sites can be used as informative web pages or personal blogs. The cost of developing a blog site is majorly dependent on your requirements and the developer you hire. But the average cost of developing a blog site is $4800.

Educational Sites — These sites are specifically made for educational institutions. The average cost of developing an educational site is $40,000.

Social Media Website — The common examples of social media sites are — Instagram, Facebook, etc. An estimated cost to develop a social media site is approximate $80,000.

Web Development Cost Based on Team’s Kind

You can hire four types of teams that are discussed as follows -

A Freelancer — A freelancer is cost-effective to hire. If we talk about its cons, there will be reliability issues, no guaranteed work, etc. The estimated cost of hiring a freelancer for site development is approximate $10,000.

A Local Website Development Agency — The pros of hiring a good website development company are — minimal communication gap, expertise, etc. Moreover, the disadvantages include — low availability, time-consuming, etc.

Apart from marketing and maintenance, the cost of design and development in a local website development agency is $75,000 to $1,50,000.

Build an In-House Team — The benefits of an in-house team are — they know your business goals well, availability, etc. Moreover, there is a lack of available resources, a limited area of expertise, etc. The approximate cost of building an in-house team is $500,000/yr, including maintenance, accounting, etc.

An Outsourcing Agency — The pros of an outsourcing agency are expertise and proficiency, dedicated team members, etc. Hiring a good agency is typical, and there is also a time-gap constraint. The approximate cost to create a website with an outsourcing agency is $20,000.

Other Important Factors

Along with the above-discussed factors, some of the essential factors that increase the site expenses are -

Style or Theme — The approximate price of style or theme is $2,000 to $15,000.

Domain Name — Though, you can get domain names in the range of $5 to $15 yearly. But some of the customized domain extensions are available for $200 to $300 per year.

Web Hosting — You can get it in the price range of $75 to $200 per year.

Maintenance — The maintenance of a site can be available in the range of $500 to $12,000 per year.

So, the above-mentioned factors are essential to conclude the web development cost in 2022. Therefore, it is essential to focus on such factors before hiring a company offering web development services for your project.

Read this blog post to know the importance of custom web development for your business — Why custom web development is the best approach for business.

Conclusion

Your site is your online identity and the face of your company, so try to make it the best one.

By considering the factors discussed above, the approximate cost of developing a site can be in the range of $1,000 to $3,00,000.