How can I Make a Premium Website?

[Liz]

Sure.
You can buy a domain (that's the whatever.com) for between 10 and 20 dollars.
Website hosting is a matter of either running your own server (which requires a static IP and a number of other things) or outsourcing your hosting, which can cost as little as nothing or as much as you care to pay. Free ALWAYS has a catch, bit there are some cheap solutions out there, maybe $60 a year that you can get started with. As your traffic increases, and your bandwidth usage goes up, you may have to find better and more expensive hosting, but you can start on a basic cheap package, with a basic database, and some middleware.
https://www.google.com/search?q=web+host...=firefox-a

Now.. As for the site itself...
Building a social network is no joke. It's not a brochure site or a template you can download. If you are looking to purchase the services of a firm that can make you a social media website.... basically turn your idea in to top quality usable code, .. that's not going to come as cheap as hosting. You can download many scripts and such to get you started, but in the end, the successful social media sites out there are multimillion dollar pieces of software.