Are you thinking of building a website? Are you pondering whether Magento would be the right choice for your store? If yes, you must consider the cost of developing a Magento eCommerce website.

Magento eCommerce website development costs depend on diverse factors, including type, hosting, domain name, SSL certificate, etc.

This blog will aid you in exploring Magento eCommerce website pricing and service. 

Let’s get started.

1. Basic Magento Website Development Cost

If you are searching to develop a generic Magento website, go for basic Magento. 

Individuals and small-scale small enterprises choose basic Magento because it sets up immediately and without much effort. 

The cost for a basic Magento website begins from $20,000. It could go up to $40,000. Because it’s a site with fundamental features, you will be confined to the following:  

• Basic Magento Features
• Simple Design Or Theme
• Availability To Magento Community Site
• Lack Of Integration With Back Office Systems
• An Easy Content Management System

2. Custom Magento Website Cost

You must build a custom Magento website if you are a well-established retailer and want to upgrade or migrate from other eCommerce platforms. 

The costs may range between $40,000 to $100,000. With a custom website, you will get extra advantages like: 

• Custom Magento Design
• Custom Properties Needed To Be Developed For Products
• Integration with Back Office Systems
• Migrations To Host
• Extensions, Etc.

3. Magento Enterprise Website Cost

Magento Enterprise edition is for big organizations, enabling them to use the comprehensive functionalities of Magento. 

Some extra advantages incorporate the following:

• Integrated Modules
• Several Stores
• Full Page Caching
• Hosted By Magento
• SEO
• Targeted Promotions and Merchandising
• Integration of Social Media

Unlike the basic Magento edition, the Magento eCommerce development costis determined by your gross sales revenue. The cost of the Magento license, which is based on your yearly income, is listed below:

Average Gross Sales RevenueMagento Commerce Cost

Less than $1,000,000                         $22,000/year

$1,000,000 – $5,000,000             $32,000/year

$5,000,000 – $10,000,000             $49,000/year

$10,000,000 – $25,000,000             $75,000/year

More than $25,000,000             $125,000/year

Additional Costs of Magento eCommerce Website Development

• Magento Hosting Cost

The Magento hosting cost will depend on the functionalities required for your eCommerce business, ranging from $10 to $50 per month.

• Cost of Magento Domain Name

A new domain name will cost around $10 to $20 annually. And aged domains may cost you hundreds of dollars, based on domain values. 

• Cost of SSL Certificate

It presents an encrypted connection and makes sure your data is secure. The estimated yearly cost of SSL certificates ranges from $50 to $300.

• Cost of Magento Extensions

The average cost of a Magento extension ranges from $60 to $600, depending on the functionalities you wish to incorporate into your eCommerce store. 

Wrapping Up

There is no exact cost estimation for Magento eCommerce product development. Because the charges depend on how you like to accomplish your website’s business goals and what features you want to integrate. To ensure the success of your eCommerce business, you must choose a trustworthy Magento development firm with an extensive portfolio, expertise, and experience.