How Much Does It Cost To Start A Dating App?
Dating Apps Want to play the cupid and make hearts meet? Develop an awesome dating app then! Even if you do not want to play the cupid, you can help people find amazing friends, get rid of their loneliness, and find some hope in life by developing a dating app. In today’s fast-moving world, people […]
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Want to play the cupid and make hearts meet?
Develop an awesome dating app then!
Even if you do not want to play the cupid, you can help people find amazing friends, get rid of their loneliness, and find some hope in life by developing a dating app.
In today’s fast-moving world, people normally never get the time to sit back, relax, and interact with new people outside their already established friend circles. This makes it even more difficult to make new friends, find new bonds, or fall in love with someone. Dating apps solve precisely this issue that people face when it comes to socializing. They give people complete autonomy over the gender, religion, age, proximity, and other preferences they want in a potential partner.
The online dating market is predicted to reach an astonishing 11.03 billion USD valuation in 2028 which will give it a CAGR of 5.6% from 2021 to 2028.
Do you want to jump on the bandwagon and make your own place in the world of dating applications but you are not sure how much investment you are going to need? Well, we have got something for you. Here is a complete guide on how much money you will have to dish out to develop a one-of-a-kind dating app:
So, What Will Be The Cost?
Let’s break it down:
Complex Dating App vs Basic Dating App
Here is a complete breakdown of the number of hours each step is going to take. All you have to do is multiply it with the per-hour rate available in your community, city, or country. If you want to outsource to a team based in another country, find out their rate and multiply the hours with it and you will have a good estimate of how much it is going to cost you if you get a simple app developed or if you get a complex app developed:
For this example, let’s suppose the hourly rate is somewhere in between USD 20 to USD 30 and see how much the money will be:
|Stages of Development||Complex Dating App (hours)||Basic Dating App (hours)|
|Frontend (Android + iOS)||950||320|
|Total Time||2400 hours||810 hours|
|Let’s assume the average hourly rate for dating app development is USD 20 to USD 30|
|Total Cost||USD 48,000 to USD 72,000||USD 16,200 to USD 24,300|
The formula you need to calculate your future cost is the total number of hours multiplied by average development rates per hour.
How Much Does It Cost To Develop A Dating App (Overall)?
The overall cost of developing a fully-functional dating app depends on different aspects. Based on how many features and functions you integrate into your app through the discovery phase, the development of the admin’s panel, the application’s development, and cross-app development, your price can go way up or it can be less than what other companies and businesses have had to spend.
Hourly rates are different in different countries and companies that offer development services.
So, if the costs are affected by aspects, features, cities, countries, and number of hours, how much does a dating app development actually cost?
Well, here is your answer:
The total cost of dating app development including, admin panel & app development and discovery phase as well, you might have to dish out USD 57,000 to USD 65,500 for cross-platform app development. If you go via the route of Native app development, then your costs will be about 30 percent pricier than what we have just quoted above. In that case, expect an estimate of USD 75,000 at minimum.
No matter what Gen Z says or what you see on TikTok or Instagram, love is very much alive. People love falling in love! It is as simple as that.
No matter what happens, people are going to keep continuing their search for The One, no matter how long it takes them. There will always be people looking for long-lasting friendships, companionships, or just one-night stands. The point is there will always be an audience for dating apps.
What you need to do is capitalize on the sheer convenience dating apps offers. We hope that our information will help you find the way and if it doesn’t, our team is always available to help you out!
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