Be wary of the "introductory price." Many registrars like GoDaddy or Namecheap offer a massive discount for the first year (sometimes under $1.00), but the renewal fee in the second year may jump to . Always check the long-term renewal rate before you buy. 3. Buying a "Taken" Domain

If you're launching a new website, the first thing you need is a digital address. But how much should you actually budget for it?

These modern extensions are pricier due to high demand in the tech sector, often ranging from $30 to $100+ per year .

If someone already owns your dream URL, you’ll have to buy it on the secondary market. Often costs $50 to $500 .

The letters at the end of your URL (the Top-Level Domain or TLD) are the biggest price driver.