Website Development Cost Breakdown: How To Set A Right Budget?

Are you tired of asking what website development costs? Well, any website development company usually charges between $30,000*+ to $100,000*+ for design to development. Apart there are yearly maintenance and upgrade charges included that add up to 25% of the total cost of your budget. But we are not saying that it won’t be developed for less than $30,000 and the final cost won’t go above $100,000. 

The website development cost is greatly influenced by various factors. Majorly it includes what type of website you need to develop, what level of website development team you hire, and with which company you prefer collaborating for your project.

That’s not all, there are many more factors affecting the website development cost. If you have decided to create an enterprise website but are not sure how to set a budget, then consider this blog guide…

Do you want to learn what is the exact website development cost? Choosing Hidden Brains’ Website Development Services can give you an in-depth idea of each step and how much it will take to develop. 

But we get into the details of cost estimations, let’s understand why and how websites have become an important element of any business…

Why Having An Enterprise Website Has Become So Important?

Did you know that the top most visited websites in the world are Google and YouTube with 97 million and 80.05 billion active users? Every month they are handling zillions of user interactions and making 30 billion of revenue only from the advertisements. 

Somewhere directly or indirectly, these figures are influencing businesses to have a digital presence. According to statistics, every second sees the emergence of three new website developers, with 252,000 new websites created daily.

At present in 2024, there are approximately 1.1 billion websites in the world, and out of them, 82% are inactive. 

Source: siteefy

Do you know why they are inactive? There could be multiple reasons behind this:

• Developed a complex design making it hard to navigate
• Taking too long to load the page
• Wrong choice of web app development team
• Inappropriate choice of technology
• No market need and wrong choice of the target audience

These are the major reasons behind the poor performance of any website. By partnering with experts from the premier website development company, you can effortlessly overcome these obstacles. With their vast experience in crafting custom websites, these professionals can assist you in creating a website perfectly tailored to your requirements.

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Let’s understand what type of website you need to develop and its cost estimation…

An Average Estimation of Website Development Cost As Per Types 

Different businesses look for web app development services to meet different goals. The cost of website development hinges on the type of website you’re envisioning. Rather than assuming a standard cost, let’s explore various website types you can consider developing…

These are the rough estimations that can go down and above depending upon various other factors. So before you land on the market to search for top website development companies, I think it would be great practice to gather some information on major parameters that going to affect the final website development cost.

Top Factors Affecting the Website Development Cost Phase Wise

Here are the major factors that are going to affect the website development cost. So here are the quick parameters that help you set a perfect budget that you need to closely evaluate:

A. Domain and Hosting Cost of Website

Every website has a unique web address that users type into their web browser to locate over the internet. Like www.businessname.com!

To register your domain, you can choose GoDaddy or Hostinger, and choose a domain extension like .com, .net, or .org. To register your website, you need to pay a yearly fee to a domain that’s starting from $10 to $50 per year.

Coming to the other side, hosting a website is all about storing its files on a server. However, different hosting service providers offer various types of hosting plans with different features and resources. Depending upon the storage, bandwidth, and RAM, you need to choose the hosting plan starting from $3 to $10 per month for the basic packages. 

Now how domain and hosting will cost you as a combined cost? Here is a simple formula to calculate the total cost.

Total Cost = Domain Registration Cost + (Monthly Hosting Fee × Number of Months)

For Example

Domain Registration Cost = $10 (for one year)

Monthly Hosting Fee = $7

Number of Months (for estimation purposes) = 12 months

Total Cost = $10 + ($7 × 12) = $10 + $84 = $94

Looking for the top software development company? Hidden Brains Can be your trusted tech partner for outsourcing website development projects.

B. Website Development Approach: Freelancer, House or Outsourcing to Website Development Company

When it comes to developing a website- you will have three major options. Whether to hire a freelancer, work with an in-house team, or outsource a website development company. Each approach offers its limitations and strengths. Also, importantly each approach will have a major impact on your budget estimation.

So let’s evaluate the options: 

Freelancer:

• Cost-effective option for small to medium-sized projects when looking for app upgrades or fixing bugs. 
• Hourly rates typically range from $12*+ – $24*+.
• Project cost depends on hours worked, ranging from $950*+ – $1900*+ for an average project.

In-House Team:

• Higher upfront costs due to salaries, benefits, and infrastructure.
• Fixed hourly times of working.
• Monthly Salaries for team members can range from $600*+ – $1800*+ each.
• Monthly costs for the team could range from $1800*+ – $5400*+, excluding overhead.

Outsourcing to Website Development Company:

• Comparatively, the upfront costs to hire web developers are comparatively higher but often provide better quality assurance and project management that overall ensure on-time project delivery, NDA adherence for excellent security, dedicated team, regular project reports, and more.
• Flexibility to work at different time zones globally and no language barriers.
• Costs vary depending on the project scope, complexity, and services provided.
• Estimated project costs can range from $5000*+ – $20,000*+ for an average custom website project.

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C. Website Design and Development Cost

The total cost of the website will depend upon the type of web design you consider. The factors involved like functionalities, aesthetical complexities, customization, and more. In addition, it also matters whether you hire a web app designer or use DIY tools. 

Let’s discuss each phase of web design and development in detail and understand the cost estimation. 

For example, let’s consider the cost estimation for a basic business website:

• Scope and Complexity: A simple 5-page website with standard features and minimal customization.
• Design: Utilizing a pre-made template with minor customization to match the brand identity.
• Development: Implementing basic functionalities such as contact forms, image galleries, and a blog section.
• Integration: Integrating Google Analytics for website tracking and a contact form plugin for lead generation.

Now comes its cost estimation. The average cost to design and develop a website like this will range between $5000*+ to $7000*+, depending on the specific requirements and the chosen development agency.

D. Consider Additional Functionalities

The cost of website development ultimately depends upon your requirements. Many website development agencies may ask you to develop a website under $1000 but many of you immediately jump on it without realizing what exactly they are offering at that price. Here we will explain to you what additional functionalities you need to look for while using a competitive website. 

Here’s a breakdown of factors affecting website development costs phase-wise, and provide examples and price estimations for each:

• Consideration of Additional Functionalities:

Additional functionalities can significantly impact the website development cost. For instance, incorporating WordPress plugins and themes can expand a site’s capabilities but may increase costs.

Let’s say, using a premium plugin for advanced contact forms might cost around $60*+ to $100*+. 

In addition, if you are using customizable themes with intricate designs could range from $100*+ to $300*+ or more. So overall, depending on the complexity and number of additional functionalities required, the cost can vary from $100*+ to $500*+ or more.

• Considering E-commerce Integrations for Online Stores

Integrating e-commerce functionalities is crucial for online stores to extend the functionality but can also add to the development cost. For example, basic online store setups using platforms like Shopify typically start at around $59*+ per month. In addition, custom e-commerce functionalities like shopping carts, secure payments, and a customer management system will further add up the code ranges from $1000*+ to $5000*+.

• SEO and Analytics Tools to Get Traffic on the Website

Utilizing SEO and analytics tools is essential for optimizing websites and improving performance. Free tools like Google Analytics provide basic data on website traffic and user behavior. 

But you need premium tools like Semrush to offer comprehensive SEO solutions with features such as keyword research, competitor analysis, and performance tracking. Additionally, a backlink management tool can help track and improve backlink quality, boosting your website’s ranking and organic traffic. Prices range from $500*+ to $1000*+ per month with annual billing. 

So these are the few major parameters that you need to consider while estimating the website development cost. But what type of team do you need to hire to create a website that adds value to your business?

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What Type of Website Development Team Do You Need and Its Cost?

So if you have finally decided to outsource a website development project, ensure the agency offers a comprehensive team including

Project Manager: When you hire a team from a reputed website development company, they usually won’t charge any extra cost for assigning the dedicated project manager as it includes it in your package price. They are responsible for overseeing the project, managing timelines, and budgets, and handling client communication.

UI/UX Designer: The average cost to hire a UI/UX designer will range between $18*+ to $25*+. Depending upon the skills, they help you customize a user-friendly web design that directly affects the user experience.

Frontend Developer: Implements design using HTML, CSS, and JavaScript for responsiveness across devices.

Backend Developer: Builds server-side logic, and database interactions, and integrates CMS.

Quality Assurance (QA) Engineer: Thoroughly tests the website to ensure functionality and fix any issues.

Technical Support/Maintenance: Provides ongoing support post-launch, addressing issues and implementing updates.

This team ensures your website is developed effectively, meets your requirements, and maintains smooth operation post-launch. Additionally, they help maintain simple cost regulation, ensuring your expenses stay within budget throughout the development process.

Summary

Hopefully, this blog guide has provided insight into the importance of website development for your business and how to set a suitable budget. If you’re still uncertain about the type of website or tech stack needed, consider hiring a website development company with a skilled team of engineers. The experts with extensive experience can handle the complexity of the project and can deliver a high-performing website. If you’re interested in more details, then drop a comment below or contact us.

FAQs

If you still have doubts about how will you calculate the website development cost, then consider this FAQs section to get answers to your questions.