How Much Does It Cost To Start A Music Streaming App? (In 2023)
Wondering how much it costs to start a music streaming app?
- The minimum startup costs for a music streaming app: $12
- The maximum startup costs for a music streaming app: $38,708
- The average startup costs for a music streaming app: $20,066
Here's a detailed list of a music streaming app startup costs:
Learn more about starting a music streaming app:
Where to start?
-> Pros and cons of a music streaming app
Need inspiration?
-> Other music streaming app success stories
-> Examples of established music streaming app
-> Marketing ideas for a music streaming app
-> Music streaming app names
Other resources
Software Expenses
Your music streaming app needs software to run efficiently!
Why spend money on software? Because it can help you save time and automate certain parts of the business, so you can focus on the most important matters. Software and technology can help you grow your business, and save you from expensive personnel costs.
Cost | Required? | Min Cost | Max Cost |
---|---|---|---|
File Hosting Service | Recommended | $0 | $299 |
Email marketing tool | Recommended | $0 | $100 |
CRM Software ➜ | Recommended | $12 | $300 |
Project Management Software | Recommended | $0 | $25 |
Internal Communication Tool | Recommended | $0 | $20 |
Accounting & Invoicing Software | Recommended | $0 | $50 |
IT Support ➜ | Optional | $150 | $2,000 |
Social Media Management Tools | Optional | $0 | $50 |
Design Programs & Software | Optional | $0 | $50 |
Office Space Expenses
It will be your call to determine if you need office space. It is not a requirement but may be necessary as your music streaming app grows.
Cost | Required? | Min Cost | Max Cost |
---|---|---|---|
Rent ➜ | Optional | $0 | $5,750 |
Utility Costs For Office Space ➜ | Optional | $0 | $1,150 |
WiFi & Internet ➜ | Optional | $0 | $100 |
App Creation Costs
Cost | Required? | Min Cost | Max Cost |
---|---|---|---|
App Development ➜ | Optional | $1,000 | $20,000 |
Apple Developer Program | Optional | $99 | $99 |
Training & Education Expenses
Cost | Required? | Min Cost | Max Cost |
---|---|---|---|
Online Learning Sites | Optional | $0 | $1,000 |
Advertising & Marketing Costs
Cost | Required? | Min Cost | Max Cost |
---|---|---|---|
Business Cards ➜ | Optional | $0 | $50 |
Customer Research & Surveys | Optional | $0 | $300 |
Tradeshow costs | Optional | $0 | $5,000 |
Affiliate Marketing Commission & Fees | Optional | $0 | $250 |
Influencer Marketing | Optional | $0 | $750 |
Press | Optional | $0 | $500 |
Google Ads | Optional | $0 | $300 |
Facebook & Instagram Ads | Optional | $0 | $350 |
Website Costs
Every business should have a website, and it's worth spending a bit of money to set it up right.
Cost | Required? | Min Cost | Max Cost |
---|---|---|---|
Domain Name ➜ | Required | $12 | $200 |
Business Email Hosting Service ➜ | Recommended | $1 | $15 |
Hey! 👋 I'm Pat Walls, the founder of Starter Story.
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