From $50,000 to $300,000 – this is how much custom software development costs. But, of course, it all depends on a variety of factors. I’ll put them short and structured below:

1. Complexity of the Project:Simple projects (like a basic web application) might cost from $10,000 to $50,000.More complex projects (like an enterprise-level application) can range from $50,000 to $250,000 or more.
2. Development Time:Faster development timelines can increase costs due to the need for more resources or overtime work.
3. Geographical Location of the Development Team:Teams based in North America or Western Europe generally charge higher rates ($100-$250 per hour).Teams from Eastern Europe, Asia, or Latin America may charge lower rates ($25-$50 per hour).
4. Experience and Expertise of the Development Team:More experienced teams or those with specialized expertise can command higher rates.
5. Type of Software:Custom CRM systems, e-commerce sites, or complex mobile applications have varying costs based on functionality and integration requirements.
6. Maintenance and Support:Ongoing maintenance, updates, and support can add to the total cost over time.