So you’ve decided to build an online presence for your business, and the first thing that comes in your mind is a website (Domain Name Cost). Building a website is not an easy task. But with advanced tools such as CMS, themes, and plugins, you can easily create a stunning website with just a few clicks.
Now to run a website, two important things might look into; Domain name and Hosting. In simple words, a domain name is your website name. For example, in URL “www.google.com”, Google is the domain name. It is like an address that allows you to uniquely identify your business on the internet.
A domain name can be any combination of numbers, letters, and special characters, and you can use any naming extension that you want. A domain name must be registered before you can use it. You cannot register a domain, which is already registered.
A domain name should be unique. A domain name comes with a standard cost, that you have to pay on a monthly or annual basis. In this post, we’ve shared how much does a domain name cost?
If you’re searching for this term, then you’ve come to the right place!
What Are Domain Name Extensions?
Two things make a website name, a domain name, and extension. For example; “www.google.com”, Google is the domain name and .com is an extension. Some famous domain name extensions are:
- .com – Commercial
- .org – Organization
- .net – Network
- .edu – Education
- .gov – Government
There are other TLD’s available for country code domains name like:
- .us – United States
- .uk – United Kingdom
- .ae – United Arab Emirates
- .cn – Republic of China
- .ru – Russia
How Much Does A New Domain Name Cost?
The cost of a domain name depends on various factors like domain extension, availability, and name.
Apart from this, there are also shorter, branded, and sale based domain names that you can register. It is a whole marketplace that sole purpose is of reselling.
Buying a new domain name would probably cost you between $9.99 to $14.99 per year. However, the prices may differ according to the extension and domain name itself.
Here are some of the most famous domain name providers that you can find on the internet.
- HostGator – Free domain with hosting $2.64/month
- Bluehost – Free domain with hosting 2.75/month
- Domain.com – Free domain with hosting $2.64/month
- DreamHost – Free domain with hosting $2.59/month
- NameCheap – $8.88/year
- GoDaddy – $11.99/year
These prices are only for new .com domain extension. For prices of other extensions, visit the official website.
How Much Does A Premium Domain Cost?
Premium domain is a pre-registered domain that is often branded or easily memorizable. The cost of premium domain names is higher as compared to tradition names.
Some premium domain names may even cost thousands to millions of dollars. Here are some premium domains sold in history:
- Insurance.com – Sold for $35.6 million
- PrivateJet.com – $30.18 million
- Hotels.com – $11 million
- Fb,com – $8.5 million
- Business.com – $7.5 million
You can easily find a premium domain name by visiting a domain registrar website.
Hidden Costs of a Domain Name
Aside from the domain name, other hidden charges might come with a domain name. These are sometimes essential for privacy and security.
(i) Yearly Renewals
You can register a domain name on a monthly or yearly basis. You’ve control over your domain name, as long as you renew your registration each year. After the first year, the renewal cost may be a little higher. Take NameCheap as an example, the first year they will charge you $8.88. The next year (renewal) they will increase the price to $12.99/year.
Some domain registrars offer domain name discounts, upon renewal. But mostly, the renewal costs are higher than in your first year.
(ii) WHOIS and Domain Privacy
ICANN is a non-profit corporation that is responsible for the maintenance of a domain name. They have the policy to collect contact information for the website owner, which means the information is public and can be accessed by anyone. WHOIS data protection hides this information from the general public. This results in wanted phone calls and emails.
(iii) Email Domain
You can also register an email account that matches your domain name. For example; you can register an email account as firstname.lastname@example.org. We recommend you to register an email domain for your website.