Batch for batch it's cheaper. The only wild card in there is that you have to buy extra equipment to go all grain. If you go cheap on your equipment like I did, you can spend under $100 and get a decent 5 gallon system. My all grain batches run between $20-25, while my extract batches are between $32-40.
If you buy bulk grain you can really save, but then you'll need a grain crusher. All that means is that the more money you spend on the equipment, the longer it will take you to "break even" by saving money on all grain.
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Fermenting: ESB Kegged: Extra IPA, Brown Ale, American Wheat, Blackheart Stout Coming Up: Dunkleweizen, 3C Pale Ale
My last batch was BierMuncher's Cream of 3 Crops:
12 lb base malt x $0.80 ~ $10
4 lb flaked corn = $4
1 lb flaked rice = $1
2 oz hops ~ $4
s-05 yeast x2 = $4
Total = $23, under $12 per 5 gal batch.
It really works best when you don't figure cost into the overall equation...
Right, i like that!
"See honey, the reason you think I'm spending too much on eqiupment is that your considering cost into the overall equation. Look, I make beer...and in the end we have beer to drink! Case closed!"
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Fermenting: ESB Kegged: Extra IPA, Brown Ale, American Wheat, Blackheart Stout Coming Up: Dunkleweizen, 3C Pale Ale
is AG really much cheaper then exract brewing, if you dont buy your grain in bulk?
Yes it costs less for the ingrdients but don't do all-grain to save money. Do it to make better beer and have more control over the process. You are going to have to substitute some of your own labor and time for the price difference and like has been mentioned you will need to buy or make additional equipment.