Will this be a personal site or an informational site? I can probably help on the graphics.
I bought a domain from Godaddy in July and still haven't put up my site. I have the main page and graphics though! It's daft-like-jack.net. I payed $9 a year to own the domain, and got free hosting from godaddy, although there are ads. Last year I payed something like $60 that covered hosting the whole year, no ads. This time I want to find something a little cheaper.
If you end up going through GoDaddy, enter code "MUGGLE" when you check out for a discount.