Calculate how much bandwidth your listeners will use based on bitrate, listener count and time listening.
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You can pay a monthly fee for a set amount of bandwidth/slots or you can try a Pay as you go service such as that offered by www.internet-radio.org.uk. They enable you to buy bandwidth and just pay for what you use. The pay as you go option can be set up for £5 (for 10Gb) sterling then you just top it up as and when you need it. - jorkie98
these guys have the most ridiculously good deals on shoutcast servers ... seriously, like 20 bucks to set up or whatever, and then its pay-as-you-use it for the bandwidth (ie: time your not streaming is free to you)... excellent deal. - Mneten