A poke ball costs 200 poke's (in game money)
A great ball costs 600 poke's
An ultra ball costs 1200 poke's
But you can't by a master ball but you get one just by playing.
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My estimate is between $25-$30.
When Pokemon black and white comes out in the USA it will cost $34.99. You can already pre-order it at Walmart, Target, Gamestop, and Amazon.com. -Cassidy (aka. oshawott_is_bomb)
If you buy it from Japan about $60. It is not sold in the US yet, not till spring 2011. in north America its $35.99 +0.01 tax.
£25.91 is the cheapest I've seen so far - from amazon.
It is a special pokeball that has a catch rate between a pokeball's and a great ball's. If you catch a pokemon with a luxury ball, the pokemon will grow friendly to you much faster than normal. This is good because there are several pokemon that will only evolve if they like you a TON. Some of these are Munchlax, Togepi and Golbat