How Much Do Domain Names Really Cost?

Buying a new domain name for your website and want to know the cost? 

Don’t worry! We’ve got you back as we will not just tell you about domain name cost but also many other important pieces of information that you really need.

Anyways, the price of a domain name depends on many different factors, like the domain registrar from which you are buying the domain name and your buying plan (like yearly or monthly).

That’s why there is no specific price for the domain, but mostly, you can get a domain name for $10 to $20 per year. Nevertheless, prices can even go to several thousand dollars.

Want to know everything about the cost of buying a domain name?

Read this useful article without skipping any part:

You already know that the cost of domain names depends on the domain registrar and your buying plans, as yearly plans are cheaper than monthly ones.

But these are not the main reasons that increase or decrease the cost of a domain name because almost everyone (professional) goes for a yearly domain plan, and almost every domain registrar of the same level has similar pricing.

The thing that really matters is TLD. Now, before going further, you must know TLDs are:

TLD and its types

TLD, or the top-level domain, is anything that is written after your actual domain name. (after that dot ‘.’)

For example, .com and .us are one of the most common TLDs. Now, TLDs have two types:

• The first type contains typical TLDs like .com, .org, and .edu.
• The second one is based on countries’ “ccTLDs” like .us, .uk, or .in.

Now, the thing is that the second type is way more expensive than the first one, and only those big businesses use this kind of TLDs who have to make a website for a particular country like ford.eu. 

It has ‘eu’ at the end as this is targeted at the audience of Europe. If you are not a big company or don’t want to target a specific demographical audience, always go for ordinary TLDs to save money.

No matter which domain registrar you choose, .com will always be the cheapest TLD for you, so always opt for that one if possible. By the way, if you want to know the best places to purchase a domain name, click here (add a hyperlink to article no. 7).

Important Tip: We know you are looking for the cheapest option but going for cheaper is not always the best thing. Always read the term & conditions and other important pages before buying a domain name, as there can be some hidden fees that you will know right after buying the domain when you can’t do anything. Beware of Scams! 

Hidden Costs of a Domain Name You Should be Aware

Other than TLDs, domain registrar, and your domain plan, there are a few other things as well that you should know, as they can completely change the cost

Moreover, most of them are initially hidden and actually are a part of the scam which we told you about earlier:

1. WHOIS Protection Scam

The first one on the list is a legitimate scam and can make you pay thousands of bucks to save your personal information. 

What can you do about that?

That’s where WHOIS protection comes into play, as this technology will be given by your domain name provider. If you don’t get it, simply do not share your personal information with any domain name registrar, like your home address, phone number, and even bank details.

2. WHOIS Protection Fees

You know what WHOIS protection does for you, but some domain companies ask for extra fees for this protection. So, ask them about it before buying your domain.

3. Free!

Free is not always free. Some companies offer free domains, and it ends up being a kind of trap.

In most cases, it’s a free trial, and after one month’s trial, you will have to pay (more than usual) money to renew your plan.

4. Auto-renewal Fees

It’s a service that many domain companies provide in which your plan or contract will be renewed automatically after its expiration date.

Famous and big domain registrars don’t charge for it, but some do charge, so don’t get surprised if extra gets out of your bank account.

In the end, you have a good idea of how much you should have in your pocket before going to buy a domain name.

Choosing a cheap domain company is indeed a wise decision, but before signing and paying anything, do read their terms & and conditions carefully.

And if even after reading all those important documents, you get scammed or asked for extra fees, you can actually go to court against the company.

But…..

“It’s better to be safe than sorry.”

How Much Does a Premium Domain Name Cost?

Before knowing the cost, you must know what exactly a premium domain name is (if you don’t know already). 

We all know that already-taken domain names can’t be bought. Right? 

But the premium domain name is already taken. But how can you get one?

You know that already-taken domains can’t be bought, but some domain registrars and investors buy domain names that are easier, memorable, and attractive and sell them afterward at more prices.

So, simply they are expensive and can cost even 3 to 10 times more than usual domains. The most expensive premium domain name was $35.6 million, “insurance.com.”

Going for it is pure madness unless you are already a big and stable business.

How To Register a Domain Name For Free -Here’s How