Well, you would pay about $200 and up for a new one. You probably could find cheaper ones, but they would most likely be junk, and maybe dangerous. $60 would be a good deal, but only if it's not junk which, as a neophyte, you might find it hard to determine.
Look for sturdiness of course, and see how easily and accurately it can be set up for the kind of jobs you expect to do.