Depends on what kind of holiday you are looking at. luxury,budget trip/ bagpacking trip.bali accomodates all kinds of travellers. you can get hostels there at a very cheap price. if you are not solo ,you could book budget villas (you get private villas at a less price !) or if youbare looking for luxury, you gotta pay for the luxury price tag as well. food is cheap . and convenience is also very reasonable.
i have posted pics of my private villa with plunge pool in bali. you can check my pics.
The budget for Bali will vary according to the way you choose to travel. You can do a backapcking trip, staying at hostels and taking local transport. However, if you are up for spending, you can book a beachfront resort or something, and hire cabs for traveling :) The flight costs will also vary depending on which city in India you're flying from. Approximately, it'll be around 35-40k per person, if not more!
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