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Pricing is a difficult thing, since it's really based on supply and demand. I wouldn't worry too terribly about over pricing your work. If you set a price, and people buy your work, your work is worth that price. If you set a price, and no one buys, then perhaps it'd be more beneficial to lower that price. If you set a price, and the demand is so high you never have time for anything else, jack those prices up!
Also, figure out what the minimum hourly wage is where you live--and vow not to work for less than that. If minimum wage is 8$ an hour, and you're only making 4$ an hour, you're really ripping yourself off.
Besides that, I'm not entirely sure I can offer any more advice, really. Dip your feet in with a starting price that you think is fair but is also worth your time--and gauge from there :]
Cheers! And good luck <3
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