The total cost of designing and developing a website depends entirely on your needs. For a basic website, you may not need to spend anything. However, if you want advanced features, you should be prepared to increase your budget. It is essential for decision makers and your team to understand the price factors behind the cost of the website.
Your SSL certificate is another website design and maintenance cost that your company needs to purchase. You must renew your certification every year. In some cases, the annual costs of maintaining your website can increase due to one-time investments, such as the redesign of a logo or an important page. That amount can vary depending on several factors, one of which is the difference between the cost of designing the website and operating and maintaining it.
Business owners want to save money, but ironically, the cheaper option often ends up costing them money in the long run. Website hosting is an initial and ongoing cost factor for the website and has a direct impact on your site's performance. If your company operates an e-commerce business, e-commerce functionality is a non-negotiable website maintenance cost. Your website traffic will influence the choice of server, which will have a direct impact on your website's hosting costs.
To get a quick summary of how much it costs to create a website, plus how much it costs to maintain and market it, check out this table.