Electric brewing will always be more expensive than gas. That much is true. You can't build an electrical brewing setup for $50. There's no way. There are many reasons to go electrical including (a) brewing indoors, (b) control (usually a PD), (c) less cost over the long term since electricity costs less than gas.
I'd say setup costs for electrical setups the way most people would want to be set up are in the $500 range once you factor in everything. You could easily spend $200 just in getting a 30A+ electrical outlet installed from your breaker panel.
The point of my site isn't to get non-brewers people to be interested in brewing or how to do it cheaply - there are a bazillion sites and books out there for that. You can brew on your stove for basically next to free. For example, see the first video here: http://brooklynbrewshop.com/instructions
For what it's worth, I know lots of people (not rich people) who spend more than $5K on a hobby. You'll easily spend more on golfing, skiing, etc over just a few years. Remember that this brewery setup cost is one time cost. I also know a lot of brewers who have spend more than that over the years because they buy cheap stuff that doesn't last or work right and they are constantly changing out stuff. Pay once, do it right. Then use it forever. IMHO, $5K to pay once for hobby that you'll do for the rest of your life is cheap!
There's still the malt/hops/yeast cost that but that's really cheap if you buy in bulk. I pay $25 for a 50lb sack of 2-row. Hops are $6-10/lb. I get together with a bunch of local brewers and do bulk oders. We spend many thousands direct from the maltsters and hop distributors and save. I figure it costs me about $100-150/year to make as much beer as I and all my friends could ever drink. Brewing (even with a high-end setup) is one of the cheapest hobbies I know about!
Kal
Great points, but like many people I couldn't afford to outlay $5k at one time, even though it makes sense in the long run. "Afford" is a relative term, though as people have the capability to buy without cash on hand. My wife can spend $180 on a pair of shoes. I would never do that, but I'd spend $280 for RIMS and control panel parts in a heartbeat with plans for more upgrades next month. I assume many people are the same way. I once balked at buying a 14 cubic foot chest freezer practically new for $100 because I'd only wanted to spend $75. Love to find that deal again!!
Although I started brewing less than a year ago thinking I'd only spend a few hundred bucks for a used chest freezer and some kegerator parts, my love of the hobby has consumed me and I now have a monthly budget for my hobby. My initial goal was to brew all the beer I drink. I once thought that a lofty goal. Now I have 20+ gallons on hand most of the time with plans for 40 more in my head.
So I think some of this question is not about what makes the most sense in the long term, but how a brewer is approaching the hobby at the outset.
That being said, Kal is absolutely right that considering a long term view will be much cheaper overall. I waaaaay over did my electrical outlets and built too many heat sticks, among many other decisions in this hobby that were not long term oriented. Now that I have inline O2 injection with a flow meter, I'm not sure I need it. I have carboys sitting around that I don't use now that I ferment in a sanke with a spund valve. All of these little upgrades are costly, but that's one way I have a lot of fun in this hobby. Even now, there's no way I could convince SWMBO that a $5k outlay would've been a good idea. But I'm sure I'll surpass that number with all my little projects and re designs.
Is this logical? Probably not. But it's okay to keep your plans step by step and see where it leads you. Like many others, I also could not plan an entire setup because of the huge learning curve. One thing at a time was about all the learning I could envision. This is a hobby after all, not business plan and with all the clever ideas floating around this board I can't imagine ever being "finished" with my setup or looking at a balance sheet to calculate how fiscally responsible I have been when producing my beer. To each his own. Part of me is also envious when I see how masterly some have produced their rigs, cleverly anticipating every aspect, including the financial.
Cheers guys.
