How much should a website cost?

I was about to write my own post on this subject when I found a great write-up at http://www.solosignal.com/how-much-should-web-site-design-development-an....

It's a couple years old, but only one thing has changed. The low-end hosting cost has gone from $15/month to $5/month. Other than that, it's a terrific article that helps potential clients understand why website design and development can seem a little pricey.