Blogger to Wordpress?

One of my plans for the New Year is to get my own website. I understand that the easiest way to do this is to switch from Blogger to Wordpress, which I hear is better anyway. But I know nothing about what to do - including anything about this web hosting thing. Is it ok to just buy a package from one of the hosting companies that Wordpress recommends? Will everything else be simple?

Advice from anyone who has done this would be appreciated!