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Default Help using the 'If' function to automatically fill in other cells

I'm trying to write a formula which will generate a value in one cell
dependent on what the user chooses in the other. See below for example (the
worksheet is to record the charges incurred when certain rooms within a
complex are booked).
So for example if the 'blue room' is booked, the the corresponding cell in
row 2 should be prefilled with '£2500'
(Row 1) (Row 2)
Room Booked Cost of Booking
(Choices - I've used data validation)
Blue Room
Red Room
Blue Room & Red Room
Green Lounge
Whole Complex
 
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