The cost of developing a location tracking app like Life360 can vary depending on several factors, but here's a general breakdown to give you an idea:

Factors affecting the cost:

Features: A basic app with just real-time location sharing will cost less than an app with features like driving history, crash detection, and places alerts.
Platform: Developing for both iOS and Android will cost more than developing for just one platform.
Development Team Location: Hiring developers in regions with a lower cost of living will be cheaper than those in high-cost areas.
In-house vs Outsourced Development: Building an in-house team of developers will require fixed salaries and benefits, while outsourcing can be project-based.
Estimated Cost:

A basic Life360-like app for a single platform (iOS or Android) could cost around $25,000 to $35,000.
A more complex app with additional features and functionalities can range from $50,000 to $100,000 or more.
Here's a very simplified breakdown of the cost of some essential components:

Basic features: $10,000
Location tracking features: $15,000
Backend infrastructure: $5,000
UI/UX design: $8,000
Additional Tips:

Start with a Minimum Viable Product (MVP) with the core features and gradually add more based on user feedback.
Consider using development tools that can help streamline the process and reduce costs.
Get quotes from several development companies before making a decision.
I hope this gives you a better idea of the costs involved in developing a location tracking app.

Link: https://www.perfectiongeeks.com/build-location-tracking-apps-like-life360