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Default What function to use? Data Validation or IF

I am trying to set up a spreadsheet that allows you to type text in cell A1
and it will automatically enter a dollar amount into cell B1. The text in A1
could be a number of options so a drop down box would be good to select from
but then how will this be able to place the corresponding dollar amount in B1.

eg. A1 - Sydney, LAX, Melbourne, London
B1 - 960, 10000, 1200, 15000

If you know an user friendly way of putting this information in, please help!

Thanks
Allie
 
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