An LMS is an intricate piece of software to implement. It typically includes a lot of different features, requires advanced integrations, and should be highly customizable. For this reason, the price range for an LMS is wide. You can find software development vendors that are ready to sell off-the-shelf learning management systems for USD 6-10K, there also are education software development companies that can create an LMS for over USD 750K. However, the average price for an LMS (if we’re talking about custom software development) will range from USD 50K to USD 250K.   The major factors that form the final cost of custom software development are the following: the project’s complexity, the number of features that require implementation, the vendor’s location and experience, the development approach and the preferred tech stack, post-launch maintenance and support, etc.