Price of magazine

The pice of my magazine is going to be a reasonable price. Similar to MOJO, Q and NME. The price will be £3.00 so that it is fairly affordable but also reasonable for the quality. The magazine i have looked at have a price range between £3.50 - £4.99 so i have chose a price in the middle of this price range. I have chosen this price as the magazine will be monthly so the readers will not have to buy it every week and also they can afford it as a lot of my target audience are quite young and will not be able to afford every week. Also it will have a lot more information in it than it would if it was published every week.