Make sure the site in question is PR2+, usually the higher the PR the higher the cost, although some sites allow you to post for free, but you really want blogs relevant to your own site.
Costs should be $5-$20, no more. Some sites will remove the article after 12 months, other will leave it on permanently.
If you are lazy and don't want to write articles you can get plenty done online for around $3 each.
Source: http://www.ukbusinessforums.co.uk/forums/showthread.php?t=292487
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