You should decide the budget depending on the type and style of the bike
Selecting the Right Bike for You
Different bikes are designed for different riding conditions. You will find several different styles and designs at any bike shop. Road Bikes are designed for riding on smooth paved paths and roads. Mountain bikes are meant for riding on the trails, from packed dirt or gravel all the way to deep mud. Somewhere in the middle is a hybrid bike, it looks more like a mountain bike with a more upright position but with smoother tires and different gearing than a full mountain bike. A hybrid bike will allow you to ride on some smoother trails without trouble but also go faster than a mountain bike on paved roads.
Price:
You should decide the budget depending on the type and style of the bike. The price will also vary with the style, features, accessories, and quality of the components. You should understand the importance of all features and parts, read various reviews on various bikes and parts offered. You will need to count on a lot of features. There are some essential features for better and safer performance.
