Magento is considered one of the best platforms for building an eCommerce store and for good reasons. It is built with open-source technology that allows its users to have full control over the look and functionality of their online store. It also provides many useful tools, features, plugins, and themes.
Roughly 200,000 websites are using Magento, some of which include big brand names like Coca-Cola, Ford, HP, Helly Hansen, and others.
This is all great, but the real question is, how much does a Magento website cost in 2022?
We consulted one of the best Magento development companies, and we created a detailed pricelist that can help you decide if Magento is the right platform for you.
The price range depends on the type of service you want to use and it can be divided into three categories:
- Magento Open Source
- Magento Adobe Commerce
- Magento Adobe Commerce Cloud
Table of Contents
1. Magento Open Source
Although Magento Open Source is free to download, you’ll still need to pay the development fees, and those are:
- Hosting – from $100 to $500 per year
- Domain name – from $10 to $400 per year
- SSL certificate – from $50 to $300 per year
- Design – from $0 to $5,000 and more
- Development – from $1,800 to $10,000 and more
- Extensions – from $60 to $600 per extension
- Payment providers fees – 2.9% + $0.30 per transaction
- SEO and digital promotion – from $10,000 to $40,000 per year
- Magento license cost – $0
Magento Open Source’s total price range falls between $12,000 and $57,000, but it can cost even more, depending on the features’ quality and quantity you choose to use.
Scaling your eCommerce business with Magento Open Source is slow but possible. If you want to get there faster, consider hiring a digital company that offers brand strategy services.
2. Magento Adobe Commerce
Magento Adobe Commerce offers more advanced functionality and is best suited for bigger businesses. Here is how much it will cost you to build your website with Magento Adobe Commerce:
- Hosting – from $500 to $6500 per year
- Domain name – from $10 to $400 per year
- SSL certificate – from $5 to $300 per year
- Design – from $0 to $5,000 and more
- Development – $10,000 and more
- Extensions – from $60 to $600 per extension
- Payment providers fees – 2.9% + $0.30 per transaction
- SEO and digital promotion – from $10,000 to $40,000 per year
- Magento license cost – $22,000 to 125,000 per year
Magento Adobe Commerce’s total price range falls between $43,000 and $189,000 and, just like Magento Open Sorce, it can cost more.
3. Magento Adobe Commerce Cloud
Magento Adobe Commerce Cloud is perfect for businesses that have to deal with an enormous amount of sales. It allows you to backup your data in the cloud, thus ensuring your data won’t get lost or stolen.
Magento Adobe Commerce Cloud is a bit more pricy than Magento Adobe Commerce, as we can see in the following list:
- Hosting – $0
- Domain name – from $10 to $400 per year
- SSL certificate – from $50 to $300 per year
- Design – from $0 to $5,000 and more
- Development – $10,000 and more
- Extensions – from $60 to $600 per extension
- Payment providers fees – 2.9% + $0.30 per transaction
- SEO and digital promotion – from $10,000 to $40,000 per year
- Magento license cost – $40,000 to 190,000 per year
Magento Adobe Commerce Cloud’s total range falls between $60,000 and $247,000, and possibly more.
Now, we are going to explain some of these price ranges even further.
Domain name
The price you are going to pay for the domain name depends on whether you want to buy an expired domain name or a new one. An expired domain will cost you from $20 to $400 per year, while a new one will cost you between $10 and $20 per year.
Web design
The price-setting for web design depends on whether you want to apply a pre-made or custom-made design theme.
A pre-made design theme can cost you anywhere from $0 to $180. Custom-made design requires hiring a website designer.
The minimum website designer’s hourly rate is $40 and Magento developers can design a custom-made theme in 40 to 160 hours.
License cost
License cost for Adobe Commerce and Adobe Commerce Cloud is determined by your annual gross sale revenue.
| Annual gross revenue | Adobe Commerce | Adobe Commerce Cloud |
| Less than one million dollars | $22,000 | $40,000 |
| From 1 to 5 million dollars | $32,000 | $55,000 |
| From 5 to 10 million dollars | $49,000 | $80,000 |
| From 10 to 25 million dollars | $75,000 | $120,000 |
| More than 25 million dollars | $125,000 | $190,000 |
Conclusion
As we can see, determining an exact price point for building a Magento Website is not entirely possible.
We hope our article made it a little easier for you to plan your expenses if you decide that Magento is the right platform for your eCommerce website.
Also Read: How To Reduce Losses In A Small Company?
