Online dating is widely accepted by people worldwide. They prefer to find a match online for friendship, hookup, or a serious relationship. Hence, the online dating industry is growing at a tremendous rate.
As per pew research, around 30% of U.S. adults have used a dating site or app until now. The revenue of online dating in the year 2020 was USD 602 m, and this revenue is going to reach USD 755 m in the year 2024. (Statista)
Considering the increasing demand for the dating industry, as you have decided to enter the dating industry by launching a website, then one of the core questions that might appear in your mind is:
How Much Does it Cost to Start a Dating Website?
There is no straightforward answer to this question, as it depends on various things, such as hosting, design, development, etc.
For creating a new website, we highly suggest you never use a builder because you will find it challenging to scale your website in the future. Moreover, there are various drawbacks of builders such as less security, limited mobile experience, etc.
Instead of using builders, we recommend two options. Firstly, we suggest you create a website by purchasing a template and then customizing it as per your business. Secondly, you can build a dating website from scratch.
Using both these methods, you can develop a dating website that is highly scalable, reliable, and secure.
Here, we will walk you through the estimated cost to create a dating website.
So, let’s get started:
Things that Determine the Overall Cost of Dating Website
By calculating the cost of all the things mentioned below, you will get an estimate of your dating website.
1. Domain and Hosting
First and foremost, to start a new dating website, you will require a domain & hosting.
The domain is mainly the address of the URL which users will enter into the browser to access the website. Hosting is a service used to store files and various other things for your website. A hosting service provider offers to host websites worldwide.
The cost of a domain would be around $10-15 per year. In comparison, the cost of hosting can range between $36 to $350 per year. You may have a question, why this much difference in cost of domain and hosting?
Because the hosting cost depends on the hosting you are purchasing and from which company you are purchasing.
As of now, different types of hosting are available in the market. This includes Shared, VPS, Dedicated, Cloud, & WordPress.
2. SSL Certificate
SSL certificate is a digital certificate that offers authentication for your website and initiates an encrypted connection. Every website requires an SSL certificate to store users’ data safely, check ownership of the website, stop attackers from building a fake version of the website, and build trust among users.
The cost of an SSL certificate can be cheap as well as expensive. Here, you should choose an SSL certificate based on the type of website and your overall budget.
Ideally, the SSL certificate cost starts from $7.99 per year.
3. Dating Website Design & Development
After purchasing a domain, hosting, and SSL certificate, the next essential thing is to design & develop a dating website.
There are two ways to design & develop a dating website; they are listed below:
Template: If you are looking for a cost-effective option, you can purchase a ready-made template for your dating website.
Later, you have to customize it as per your requirements. For this, you will require help from a freelancer or a development company. The cost of customizing a template starts from $500.
Custom: If you want to create a feature-rich, scalable, and reliable website, you should consider developing a custom website.
For this, you need to design your dating website from scratch. Later, convert that design into a full-fledged dating website.
To design & develop a custom website, you need a team of designers, developers, project manager, QA analyst, etc. Therefore, you should approach a professional website development company.
The cost of a custom dating website depends on the total number of pages, features, functionalities, and current & future requirements.
In general, website development cost starts from $3,000 according to features and functionalities.
If you are unable to decide between the template and the custom website, you can refer to this blog on template vs custom website.
4. Third-Party Services
A dating website matches users based on different algorithms. For this, they need to integrate different third-party services to ensure that users can find matches efficiently. However, this is optional.
For instance, if you want to provide users with updates via SMS, you can integrate a communication API like Twilio.
Similarly, if you match users based on the location, then you have to integrate location-based API.
If you want to add some premium features and introduce subscription plans, you need to integrate a payment gateway to pay for these services.
The cost of third-party services depends highly on the requirements of your website.
Lastly, if you are entering the dating industry for the first time, we recommend launching a Minimum Viable Product(MVP) version of your dating website.
An MVP version consists of the core features of the website. Moreover, the MVP version allows you to test your website on early adopters and obtain feedback. Further, based on the feedback of the target audience, you can update the site accordingly. The cost of MVP is way less as compared to a full-fledged dating website.
Lastly, the estimated cost of launching a dating website is around USD $5,000 to $7,000.
If you are still confused about the overall cost of starting a dating website, you are welcome to share your requirements with us, and we will provide you with a free quote.
WebY King offers professional website design and development services to businesses and startups globally. Hence, we can understand your idea and deliver the best dating website as per your needs.