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How Much Does a Magento 2 Store Cost in 2022
Magento Pricing: The Development Cost of your Store
For any online business, Magento is one of the most suitable eCommerce platforms. It's not an easy task to determine the price of a Magento implementation because there are several factors that need to be considered. In this article, we will try to help you to find the costs for implementing the Magento store.
How Much Will A Magento Website Cost Me?
One of the most important factors to determine the price is the business level. It is based on you are selecting the basic Magento, Community or Enterprise edition for your business.
Factors that describes the Magento 2 Store Cost in 2021
- Selection of Magento Editions
- Design Costs
- Magento Extensions
- Magento Hosting
- Development Cost
- Maintenance Cost
Selection of Magento Editions
Basic Magento Website Price
For individuals and small businesses, the basic Magento website is suitable. The pricing of setup the basic Magento websites starts from $20,000 and could go up to $40,000. The basic functions and features are listed below:
- Basic Magento features
- Simple Design
- Access to Magento Community site
- A smooth CMS platform
Community Edition Magento Website Price
If you are moving or upgrade your business from another eCommerce platform, then Community Edition is suitable for you. The pricing of setup of the Community Edition Magento website starts from $40,000 to $100,000. The Community edition features and functions are listed below:
- Customized design for the website
- Integration with back-office systems
- Custom attributes
- Customer groups
- Extensions and much more
Enterprise Edition Magento Website Price
Enterprise edition is suitable for large and complex stores. It is the complete set of Magento features and it can cost you around $100,000 or even more. The Enterprise edition features and functions are listed below:
- Built-in modules
- Mobile responsive
- Customer Support
- Search Engine Optimization
- Customer Segmentation
Design Cost
Design is the most important part of your store that provides a unique and attractive look to your store. It would not be possible to use a free theme and template for your store. Thus the design cost may vary according to theme, layout and design.
Magento Extensions
For additional features or to overcome the Magento limitations extensions are used. Magento 2 has a large variety of Magento extensions some are paid and some are free but it depends upon the features and functionality of the extension. Magento extensions can help to improve the store performance, payment methods and administration etc.
Magento hosting
For your Magento 2 store, various hosting options are available which are listed below.
- Shared Hosting
- Virtual Private Server
- Dedicated Hosting
- Cloud hosting
Shared Hosting
Shared hosting is suitable for lightweight websites which don't require CPU and RAM. It is suitable for sharing resources with other websites that are located on the same website. But the shared hosting is not suitable if you want that your store working smoothly. Shared hosting cost starts from $10 to $30 per month.
Virtual Private Server
The virtual private server offers high flexibility, great performance and is more secure than the shared hosting. The VPS is very useful for running small and medium Magento stores. The VPS cost starts from $60 to $300 per month that varies according to requirements and business needs.
Dedicated Hosting
Dedicated hosting provides the best hosting performance to their customers, it is suitable for the complex Magento store. Dedicated hosting is very useful where you can handle everything from hardware to software. The dedicated hosting may cost up to $2000.
Cloud Hosting
Cloud hosting is very useful to deal with heavy workload websites. It provides complete server configuration access and best use for advanced setup. The price range may up to $4000 per month.
Development Cost
The Magento stores contain various features, functionality and extensions. The developing cost may be up to $150 to $4000 that varies according to customer requirements.
Maintenance Cost
Propelling a website doesn’t total your work. it is very important to decide about its maintenance and support. The website needs to be updated continuously for smooth working. The maintenance contains to install the security patches, update the design, update the functionality etc. However, the maintenance cost is based on the requirements and on the Magento developers.