Re: Oh It's so snappy!
Co-location cost of rack space and power, and the minimum increments available, vary greatly by city, type of facility, how many ISPs are available to choose from in the co-location space, and so on. Figure on a bare minimum of $100/month, though most co-location providers do not offer less than full racks, which you would typically pay around $1000-$2000/month for (including power.)
Your bandwidth needs will be dictated by your application and usage patterns. A Citrix administrator might be better able to answer this for you than me. I can tell you that the price of bandwidth for small buyers pretty much ranges from $5/Mbps to $50/Mbps depending on what co-location facility you are in and how many ISPs are there competing for your business.
IMO if you have high-speed FiOS options available, you would be best served by locating your server at the facility that has the 8 users.