Hello Magento Folks?,

Welcome to MageComp Blog! I hope all of you are in the pink of your health and enjoying this lockdown. To make your days even more interesting, We are here with some extra specific information about how much Magento 2 costs. If you are thinking of hiring a Magento developer for your Business then look at  7 Important Things to Know While Hire Magento. So without further ado let’s begin?.


To live up to the latest innovations is not an easy task, that too when you are into online operations. A varied number of factors influence the business decisions and requires to be thought of. Right away from selecting the mode of trade to determining the price of the product, every chain of thought has its relational variables. Such is the case of analyzing the cost while calculating the budget for your Magento 2 project.

Since the Magento 2 application and functionality has been a hit amongst the customers, the most raised question belongs to the concerns of estimated costs. A range of general and special purpose factors do affect the individual businesses and their budgets but in this blog we have made our best efforts to give an outlined and generic idea of the cost of the Magento 2 Website launch. I hope this Magento 2 Store Guide shall help you have an overview of what your future incurred costs would look like!

Magento 2 Editions:

Magento offers its customers a list of alternatives for installations. For each of these editions, a separate cost could be determined based on its features and offerings.

  • Magento Open Source is designed for the small stores and thus does not require any charges for its download and installation. However, the further purposes of coding, configuration and hosting shall require some expenses that would begin from $1500. This is the version that has a limited number of inclusions and the most basic features.
  • Magento Commerce & Magento Commerce Cloud are the versions built for businesses with a higher turnover rate. These Magento editions are higher in their functionality and offer a greater range of services. As the cost for these editions is calculated on the basis of the yearly Gross Sales revenue, the cost may vary within the range of $22000 – $190000. After a certain level of Sales Revenue is achieved, the business moves to using the Magento Commerce Cloud.

Magento Hosting Cost: 

  • In the case of Magento Open Source, the cost for unmanaged hosting starts from $10 per month and that for the managed hosting may start from $190 per month. These costs may vary from business to business as well as the type of hosting chosen.
  • For Magento Commerce, the hosting charges start from $500 per month and the license costs of Magento Commerce Cloud are inclusive of the Hosting charges as the website is developed on the cloud itself.

Magento Themes and Extensions Cost:

The themes that are available free of cost on the store are quite basic and non-attractive. For you to make your business more decent and presentable, you need to buy a set of themes that range from $29 to $499. You can also self-design your own theme by incurring the needed costs.

There are about 5000 different extensions on Magento 2.While most of the extensions are free of charge on the store, these customized extensions may cost you an amount starting from $5o depending on the functionality level that you opt for. at MageComp, We have developed 100+ Magento 2 Extension to enhance your store performance.   

Store Development:

The Magento 2 store requires technical and operational abilities for it to run smoothly. There are numerous coding and configuration processes that need to be performed while running the business as well as errors and bugs that need to be solved on a timely basis. If you are not experienced and equipped with programming skills, it would be rather tough for you to interact with your customers and clients.

Hence, it is always advisable to Hire Certified Magento Developers who can make your lives easier. You can do this by either hiring an in-house developer or by tying up with an agency that can offer you a full-time service. The hourly rate of these skilled Magento developers start from $125 and can help you cope up with all the store challenges, thereby fixing them in no time.

Magento Support Service cost:

Once you have developed your store and gone online, it becomes essential to have regular updates for the extensions, designs, and features. These upgrades and polishing also overcomes the errors and bugs and ensures security and simplified operations. 

Thus, it becomes important to incur an additional cost on the support and maintenance services of your Magento 2 web store by either availing it from within the house or by outsourcing it to an agency.

So what does the final budget come up to?

Magento has the ability to cater to every pocket, whether small or large. It has got options for making considerate choices keeping in mind the cost capabilities for the small as well as the large scale firms. With a range of alternatives available for versions, hosting options, themes, extensions, and other services, Magento Specialists like MageComp so that you can have a better idea about what is right for your business !! Refer to our special budget bulk purchase plans to get huge benefits and discounts.

To expand the boundaries of business and improve the customer experience, it is necessary that you consider this migration. However, it is a lengthy process and has complexities but once you get familiar with it, you shall soar heights of success with proper planning and thoughtful execution! And for any doubt or help, feel free to contact us and succeed in the migration from Magento 1 to Magento 2. The Magento developers with all their knowledge on hand introduced Magento 2.0 to the e-commerce world. 

Also as the newer version has brought with itself a lot many beneficiaries, it is a bit complex for the businessmen to execute it. And to make things comfortable, our team will take care of everything you need to know and help you through the whole migration from Magento 1.0 to Magento 2.0.

Uplift your eCommerce business sales with our special Magento Development Services. I hope this Magento Store guide shall serve the required purpose for you and your business.

If there is any query related to this then feel free to contact our Support Team we will be happy to help you. If you find the article helpful then do share with your Magento friends and also let us know your reviews regarding this in the comment section below.

Stay at Home and Stay Safe!

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