Here's something many tattoo virgins fail to consider. A good tattoo from a respected artist costs lots of money. You need to keep this in mind when designing your tattoo. Size and detail are the two most important cost-determining factors because it means one thing -- time. The longer it takes, the more expensive it is. A small tattoo in a single color typically costs between $50 and $100, and it goes up from there. Find a good artist with a solid portfolio and ask about prices beforehand.