How much does it cost to make an app?

How much does it cost to make an iPhone, iPad, or Android app? Fancy the rough comparative costs with http://howmuchtomakeanapp.com

My imaginary app costs $93,900, but with a bare-bones design — $64,100.

Well, often great concepts work even with bad design

Ken Yarmosh from savvy apps tells that:

Apps built by the largest app companies, the “big boys”, likely cost anywhere between $500,000 to $1,000,000.
Apps built by agencies like savvy apps cost anywhere between $150,000 to $450,000.
Apps built by smaller shops, possibly with only 2–3 people, likely cost anywhere between $50,000 to $100,000.

On Quora developers advice be ready to spend 3 months for the development of version 1 and then 1 month for each new update. In SF, a team which includes 2 iOS developers, 2 backend developers and 2 UI/UX designers may cost about $60k — $100k per month.

According to Hyperlink InfoSyste, with an hourly hiring in Boston you can pay $150/ hour.

But you always have India.