I came across a great blog post about the cost of web design written by Chris Pearson. How much should design cost? The article discusses the cost of designing or redesigning a blog.
It seems that the cost is usually between $1500-$3000 to get a good design. The consensus seems to be that most individuals find $1500 or more to be much too expensive. While most corporations would gladly pay $1500-$3000 for a great design.
If you are considering investing your time and money into a website please take the time to read this blog post.