The price of building a custom application can differ greatly based on its quality, features, and platform. On average, a basic app could cost anywhere between $40,000 and $60,000 however, a more complicated application can cost between $100,000 and the amount of $150,000, or even more.

In general, it's more affordable to create websites compared to applications. Websites are usually easier and faster to build while apps require more advanced development skills as well as longer development times and might require building to work on different operating systems (iOS as well as Android).

The time to develop an app that is custom-designed depends on the level of complexity. A simple application could take between 3 and 6 months to create; however, a more complex application can take anywhere from nine months or more than one year.

Standard apps are usually pre-built apps that come with basic features and functions. Custom apps, on the contrary side, are designed to meet specific business needs and user requirements, providing distinctive features and a personal user experience.

Custom-designed websites are worth the investment if you want distinctive design, particular functions, or an enhanced performance that is tailored to your company's requirements. They provide greater flexibility and the ability to scale up compared with templates-based websites, which ensures more consistent aligning with your brand's image and business objectives.