In the world of digital advancements, a website is crucial for businesses, organizations, and individuals. Whether you’re launching a new endeavor, portraying your services or sharing your interests and experiences, a well designed website acts as your online storefront and helps you connect globally 24/7.

However one question that strikes everyone willing to build a website is that “how much does it cost to build a website?  Hence to answer this question briefly, we’ll help you dive into all the important factors that influence the cost of building a website.

Which Tools Will You Need to Build a Website?

Domain Name

A domain name serves as the most important part of your website, it’s the identity of your website hence it should be unique, catchy and creative. So at first set aside a domain name as it is typically the first step towards building a website. 

Prices for domain name registration vary depending on various factors such as the domain extension (.net, .com, .org) and the registrar you pick. On an average, a domain name can cost you somewhere between $10 – $50 per year.

Website Builder

Website builders nowaday are extremely user friendly as they make it easy for anybody to create a website with little or no coding knowledge and technical expertise. These tools provide various features such as professional looking templates, drag and drop interface, and personalization options, making it accessible for anyone to build a professional looking website.

Popular website builders are Sitewizard, WordPress, Squarespace, and Wix. While some of these offer free plans, and premium plans with advanced features generally ranging from $10 – $50 per month.

Web Hosting 

Web hosting is a service in which a person can store their website files and content and make them accessible on the internet. There are many types of web hosting including:

• Shared Hosting: Shared hosting is where multiples website can share their resources on a same server. It is cost effective type of hosting which a suitable for small to medium sized website having moderate traffic. Offering affordable rates, shared hosting plans ranges from $2 to $10 per month.

• Managed Hosting: It provides greater spectrum of services, this hosting provider handles various technical apsects such as server maintenance, backups and security updates. As managed hosting provides much more reliability and scalability it is pricier than shared hosting having plans ranging from $30 – $300 or more per month. Hence this type of hosting is perfect for websites and businesses having high traffic and specific hosting requirements.

Plan and Estimate the Cost of Building a Website

There are various factors that you need to think about before starting the entire process of website development. You need to plan and estimate the costs involved to make sure that you project stays within a certain budget.

How Much Does a Website Cost Per Month?

While taking an estimate of your monthly expenditure on the website you’ll need to keep an account on all the expenses including domain renewal fees, website builder subscription fees and web hosting fees. For instance if you choose the basics for your website such as cheap plan of website builder, shared hosting plan, it’ll cost you around $10 – $50 per month.

However this price range will vary and increase if you choose different plans with additional features and services.

How Much Does it Cost to Create a Website for a Business?

Cost of creating a website for business depends upon various factors such its size and complexity, the features you include and the design you choose. If you hire a professional website developer it will also effect the cost greatly. Development of a simple website with basic features may cost you as little as $100 – $500, with ongoing monthly expenses of $10 – $50.

Whereas if you pick customized features and designs or choose the designs which require e-commerce expertise, the cost can increase upto $1000 – $10,000 or more.

How Much Does it Cost to Maintain a Website?

After the complete development of your website, it will need frequent maintenance such as domain name renewal, SSL certificates, content updates and technical support, these ongoing endeavors may or may not require professional assistance hence it can cost you around $50 to $150 per hour.