How much can 1 NFT cost?

I'm curious to know, how much can a single Non-Fungible Token (NFT) actually cost? These digital assets seem to be creating a lot of buzz in the crypto world, but I'm still hazy on their true value. Are they priced similarly to traditional artworks, or do they vary widely? Have there been any NFTs that have fetched astonishing prices, and if so, what factors contribute to such high valuations? Understanding the pricing dynamics of NFTs could help investors make more informed decisions in this emerging market.