The cost to hire AI developers in 2024 will vary depending on factors such as location, experience, and project complexity. AI developers in the USA typically earn between $100,000 and $200,000 a year, with senior-level AI experts potentially earning even more. In regions like Europe, salaries may range from $80,000 to $150,000, whereas developers in countries like India or Eastern Europe may charge between $40,000 and $80,000.

A freelancer or contractor typically charges $50 to $200 per hour, depending on their expertise. A growing demand for AI-driven solutions across industries such as healthcare, finance, and robotics may increase costs as specialized skills, like machine learning, natural language processing (NLP), or neural networks, may drive up costs.

The size and scope of the project also have a significant impact on the cost to hire dedicated AI developers. AI developers at mid-levels or freelancers might handle small projects or proofs-of-concept work, while larger-scale AI projects, such as integration of AI systems or advanced machine learning models, may require a full-time AI team, including engineers and data scientists.

Besides the tools and technologies used, the duration of the project, and whether the developer is on-site or remote all impact the cost. Businesses must budget accordingly and explore options like outsourcing to find cost-effective solutions as AI continues to develop, which will drive up prices as competition for top talent increases.