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Actually it depends on your requirements, do you expect a lot of traffic as your main business or is it just a 'business card' site to have a web presence and pick up some free traffic.
Will you be developing the site in house or using a external company, the later should recommend a company for your needs, the former the web developer should be able to decide this.
Sometime cost is not the main factor, if you don't have a strong IT team in house you'll be better off paying extra for support services if(when) it doesn't work.
But like what other answers here have stated your question is too broad.
For affordable and cheap Web Hosting i would recommend Poweruphosting . It's really great and simple to use.
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