What is the cost of creating a website?

[Truehost Cloud]

On average, how much should a standard website cost?

[BrijeshM]

The cost of website development depends on the different services. Many website development companies offer domain and hosting services , logo design , etc. so it varies from company to company.
but generally ,In india, it starts from 10,000 INR (for static website) upto 40,000 INR (dynamic/eCommerce sites)