Estimating the cost of Power BI development is an important part of planning the project. It is impossible to do without knowing an average Power BI consulting rate.
In this article we will explain different models of working with a Power BI consultant, how much you can expect to spend based on your Power BI project and main factors affecting the price.
Power BI consulting rates vary from $20 to $250 per hour based on location, experience and specialised skills. However, there are additional factors that affect hourly rates.
Small, one-off projects that take around 10 working hours would usually be done at rates of $100-200. However, consultants would usually reduce their rates for long-term projects that last for several months.
For example at our Power BI consultancy we charge $100 per hour for one-time projects that take up to 50 hours. However, for year-long ongoing projects we reduce our rates to up to $75 per hour.
Some consultancies would also sell a certain number of hours in advance. In these cases the cost would decrease the more hours you buy.
A starter dashboard would usually take around 10 working hours to develop which usually costs $1,000-2,000 for onshore and $200-500 offshore development.
Power BI consultancies would usually have a minimum rate for taking a project. For example, we don’t take projects that cost less than 1,000 USD.
A $1,000 with us would essentially get you a 1-2 pages dashboard from a data source that is easy to connect to such as Excel or SQL Server.
Other factors affecting the price of a project are:
The most expensive fixed-price project that we ever took was 30,000 USD where we coded 2 automatic connections (Salesforce, LinkedIn Ads) and connected to 10+ Excel files. The final dashboard had 10 tabs of high-quality data analysis and visualisation.
There is nothing wrong with wanting to reduce your Power BI project cost but compromising quality may cost you more in the long run. Because of this it is important that you know how to evaluate the quality of Power BI consultants. The quality of Power BI consulting services can be seen by:
Make sure that you ask a potential consultant to show their Power BI portfolio and customer reviews. It is also important that they have portfolio cases that are aligned with your company: analytics projects in the same industry, analysis of the same data sources that you are using, etc.
In most cases you do not need to buy a Power BI license for an outsourced consultant you are working with. Power BI Desktop is a free application that allows the consultants to develop your Power BI dashboards.
You will need a Power BI license post deployment to share the dashboard with other users. The prices of Power BI licenses are:
If you want to better understand what license you need, please refer to our Power BI licensing guide.
If you want to better understand the price of your Power BI project contact us today. We will help you estimate your project and understand how to use your budget in the most cost-efficient way possible!