How do I set up an ENS?

How do I go about setting up an ENS? Could you please provide a step-by-step guide? I'm interested in getting my own ENS name and want to make sure I do it correctly. Could you also explain the benefits of having an ENS and how it differs from other naming systems in the crypto space? Is there a specific wallet or platform that I should use for this process? And finally, are there any fees associated with setting up an ENS, and if so, how much are they typically? Thank you for your assistance!