Price of my music magazine

Considering my magazine would be aimed at teenagers aged 16-18 (preferably students attending a college) I would not make my magazine very expensive as they wouldn't have much money, and it is not advised to get a job whilst attending college seeing as there is a large workload. Therefore, I would probably make the price around 50p - £1 per magazine. I think lowering the price of my magazine also helps me win competition against other magazines similar to my own as people will be more likely to buy the cheaper version, than a popular magazine such as NME. I also would not want the price of my magazine to be high just incase that prevented it from seeling any copies, or if the magazine was not too popular, it would unfair to make it pricey. Some of the prices of my competing magazines include NME which costs £2.20 (weekly) Kerrang costs £3.20 and Black Velvet which is £2.50. Looking at these prices, if I were to have charged my magazine, I probably would have used a price around half of the others, so that my magazine would be the cheapeast and hopefully therefore the best options.