Estimate your
software team expenses

Accurately budget your software team with GEOR’s cost calculator – designed to simplify hiring decisions and optimize your development expenses.

Budget your software team

To calculate an approximate cost of software development, start by estimating expenses using our dedicated team cost calculator. Compare location-based rates for your software engineering team and see how they affect the total.

GEOR

Software development price components

How much does it cost to create a software? Project cost depends on the chosen development approach, which affects length and team composition. The next variables make calculating distinct for each project:

01

Code volume

No-code/low-code-built soft is essentially cheaper than a custom one.

02

Software type

Mobile, web, or enterprise software all have different complexities.

03

Number of versions

Multiplatform projects add significant costs.

04

User base

The larger your user base, the more backend support you’ll need.

05

Complexity

AI, blockchain, or high-level security need longer development cycles.

06

Employee location

Remote teams in different regions can dramatically impact costs. 

Hiring a software engineering team

The cost of software development depends on project complexity. The more advanced the software or larger the scale, the more time and resources are necessary, and the bigger the team you need.

A small application
Project manager
Developer
Designer
Complex software
Frontend developers
Backend developers
UI/UX designers
QA engineers
DevOps engineers
Product owner

Software development timelines

4 – 9 months

Mobile applications

6 – 12+ months

Custom enterprise software

3–6 months

Standard web applications

Whether it’s a small app or a full-scale enterprise solution, your project requirements and complexity define its length. Here’s how to map out an approximate timeline:

Bring together your team

Streamline the development process, make smarter hiring decisions, and confidently manage costs for your global workforce. Start now and eliminate the uncertainty in custom software pricing. Contact us to estimate your project.

Savveo Partners with GEOR for AdTech Platform Development

Frequently Asked Questions

Get to know our services better

What is a software development cost calculator?

A software development cost calculator is an online tool that helps estimate the expenses of building a software project. It factors in developer’s team size, location, and other critical variables to provide a clear price overview. For global employees, tools like GEOR’s calculator streamline budgeting by offering precise salary breakdowns and comparisons across regions.

How to use GEOR’s software development cost calculator?

GEOR’s web development cost calculator is a powerful tool designed to give you accurate insights into hiring costs across different countries. Here’s how to make the most of it:

  1. Select a region and country. Begin by choosing the country where you intend to hire or employ talent. This ensures the calculator incorporates specific tax regulations, employer contributions, and statutory requirements for that location.
  2. Select a position and level. Specify the role and experience level. Then, input the gross salary amount based on market benchmarks or your hiring budget.
  3. Get an approximate salary range. Receive a detailed salary breakdown, including employer taxes, social contributions, and gross-to-net calculations. The calculator also highlights any mandatory benefits unique to the selected region.
  4. Compare across countries. Adjust the country and salary inputs to test various scenarios. This feature allows you to identify cost-efficient options when expanding into global markets.

Optimize your budget. Use the calculator’s insights to refine your project expenditures, align them with your hiring strategy, and discover cost-saving opportunities compared to traditional recruitment methods.

What factors influence software development pricing?

Several factors impact software project costs, including:

  • Team location: salaries vary significantly by region, with global fee disparities often exceeding 50%.
  • Experience level: senior developers or specialists typically charge higher rates than junior staff.
  • Project scope: more complex features or integrations increase both development time and price.
  • Development timeline: tight deadlines may require larger teams, increasing expenses.
  • Technology stack: tools, platforms, and licenses affect the total price.
What are the key components of software development costs?

These elements work together to shape costs of software development:

  • Salaries and wages: developer compensation makes up the bulk of expenses.
  • Employer taxes and benefits: country-specific obligations like social security and insurance.
  • Tools and licenses: subscriptions for platforms, coding tools, or cloud services.
  • Project management: time spent coordinating tasks, team activities, and client communication.
  • Testing and maintenance: ensuring quality through debugging, updates, and support.
What inputs are necessary to estimate software development cost?

To provide a thorough financial breakdown and get the most precise results, ensure you provide:

  • Role or position of the employee (e.g., senior developer, DevOps specialist).
  • Work location: country of employment for payroll and tax specifics.
  • Gross salary or budget range: helps calculate net salary, taxes, and benefits.
  • Project timeline: for workload distribution and payment schedules.
What are the common mistakes to avoid when estimating web development costs?
  • Ignoring taxes and benefits: failing to account for employer obligations can lead to budgeting surprises.
  • Overlooking location-specific factors: costs vary widely between regions, so always choose accurate data inputs.
  • Underestimating project scope: complex projects demand more resources, raising costs.
  • Not planning for contingencies: unexpected changes like timeline adjustments can inflate expenses.
  • Relying on outdated data: always use the latest figures to ensure precise estimates.
Why is accurate software development cost estimation essential?

Accurate planning ensures your project stays within budget. Without a clear understanding of the resources required—be it time, expertise, or technology—you risk overspending or under-allocating funds, which can lead to delays, incomplete features, or even project failure.

Who do I need on my team to build an MVP?

Building an MVP requires a lean team with the right skills to deliver quickly. At a minimum, you’ll need a product manager, a developer (or two, for both frontend and backend), and a designer to create the user experience. A QA specialist ensures the product is bug-free, while a DevOps engineer can optimize deployment if your MVP has complex infrastructure needs.

How to make a cost estimate?

Determine the necessary team composition, including roles and expertise. Estimate your team extension in just a few clicks. Next, depending on the software’s complexity and integration needs, add overhead coasts, and any product-related expenses, such as cloud hosting, etc.

What factors determine software developers’ rates?
  • Experience level: junior, mid-level, or senior roles impact pay.
  • Technical skills: specialized expertise (e.g., AI, blockchain) increases rates.
  • Location: salaries vary by region and cost of living.
  • Industry: tech, finance, and healthcare often pay more.
  • Project complexity: advanced projects require higher compensation.

Simplify Your
Global Hiring

Curious about how GEOR can transform your international staffing process? Get a free, no-obligation consultation with our experts and explore the possibilities.

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