Creating an app like Airbnb involves multiple factors that influence the overall cost. Each factor involves the complete expenses from functionality to design, development, and maintenance. In this answer, we delve into the critical components affecting the cost and provide insights into estimating the budget for developing an app like Airbnb. Understanding the Scope Before determining the cost, it's crucial to define the project's scope. An app like Airbnb typically includes features such as user registration, property listing, search and booking functionalities, messaging, reviews, payment integration, and administration panels for both hosts & administrators. Factors Influencing Cost Complexity of Features Platform Compatibility Design Elements Backend Development Security & Compliance Testing & Quality Assurance Maintenance & Support 3rd Party API Integrations Mobile App Development Cost Estimation • Basic app (MVP) with essential features: $20,000 - $50,000 • Medium complexity app with additional features: $40,000 - $75,000 • High-end app with advanced functionalities: $100,000+ Final Words Developing an app like Airbnb requires careful planning & budgeting. Factors such as feature complexity, platform compatibility, design, backend development, security, testing, and maintenance can help businesses estimate the cost more accurately. Collaborating with experienced app developers and investing in quality ensures the app's success and sustainability in this competitive market. If you want to learn more about mobile app development cost and relevant factors - read more here! https://www.octalsoftware.com/blog/mobile-app-development-cost