Your company is in crisis maybe that's why you are charging 1/20th cost from the mentioned costing.

The given costings are the average estimation of the market which has been mentioned after evaluating various surveys conducted with leading companies. Now if we talk about the costing, it can start from $10 per hour to $150 per hour cost of the developer depending upon the skills, experience, expertise, and technical knowledge of the developer. The more experienced, skilled, and expert developer you hire, the higher the costing will be but they make sure your project quality will be excellent and meet your business goals.