The United States talent market has skyrocketing rates due to a short supply of top talent experts. Some development agencies in the US charge $250 an hour, because they have clients in Silicon Valley willing to pay those rates, while you can hire experts of the same caliber in Egypt for 5 times cheaper. Beyond obvious costs of living, the price disparity just isn’t sustainable.
The Average Cost of Building a Mobile App With a $50 Hourly Base Rate:
Costs in the United States
These estimates are based on the number of lines of code it takes to build out the necessary functionality.
A simple app costs anything between $40,000 and $60,000.
A medium complexity app will cost anywhere between $61,000 to $79,000.
A high complexity app can require $70,000 to $100,000 in development budgets.
The reason Egyptian mobile app developers are in such high demand globally has to do with quality to cost ratio. Egyptian mobile app developers offer the highest quality expertise for a given cost. Developers in Egypt charge between $25 to $50 an hour.
Although hourly rates in Egypt may be comparable to those in Eastern Europe and higher than those in South America and Asia, it is important to note that Egypt is home to some of the world’s best talent when it comes to IT and development. Egyptian talent has been sought and used in award-winning projects which ultimately increases their price point to surpass average costs in Africa, Asia or South America. In this chapter, we will look at some important reasons why Egypt is your best choice when it comes to outsourcing your development team offshore.