Great question. I see this asked on social media over and over again. Lots of answers and the answers are as all over the place is the question. Here's how I recently responded to that question.
How much is a hamburger? Depends on where you go. You could go somewhere quick and cheap and pay .99 for a burger. You could go to a fine dining restaurant with 5 Star service and have an amazing burger and pay 20 times that. I don't really know how much a fancy burger is...I don't eat them.
The point is, does it really matter? If you're in a hurry and don't have a lot of money, you'll go to a drive through and grab a quick cheap burger. If you want to sit down at a beautiful restaurant with a beautiful view of the ocean and have a delicious burger with all of the fixings and price doesn't really matter, you'll pay a lot more.
It's no different when it comes to Photographers or any other business for that matter. You get what you pay for and it truly depends on what you want. How important are the photos to you? How important is the quality? How important is the service?
If you want quality, attention to details, talent, professionalism, experience and really great photos, you and I will work great together. If you don't care about your photos, the quality or the details, trust me....I can refer you to a LOT of Photographers that will be more than happy to work with you!