The cost of your marketplace may vary depending on various factors such as the time consumed, functional set you choose, and the region for development. The development of the online marketplace requires the best experts, effective project management, Appealing UI/UX design, robust back-end, front end development, and quality assurance.
It takes up to 800-1000 hours to create a website with the basic set of functions, and the development will take 3-4 months, So the rough cost with the basic set of functionalities will lie around $30k to $50K.