Not really. .223 and 9mm probably offer the least amount of savings when looking strictly at monetary aspects. With other, less common rounds, savings can be huge.
I think it depends on what people are looking for.
Let's look at 9mm Missouri Bullets which, when bought in bulk and w/ the discount, run about 6.7 cents apiece. Add a primer for roughly 3.2 cents, powder at about 1.4 cents apiece, and you're looking at 11.3 cents per round.
It's darned hard to find decent factory ammo for less than $22/100, or 22 cents apiece.
I can load 400 rounds per hour on my progressive at a comfortable rate; I can go faster but it's not a race. Since I'm saving 10.7 cents per round, I'm saving...in excess of $40/hour for my time.
Anybody here have a part-time job that pays them $40/hour?
The savings are even greater with .45 ACP. And in addition, there's this: how much is it worth to be able to produce one's own ammo if the gun grabbers find a way to limit primers, powder, or projectiles?
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When it comes to .223 and 5.56, the savings are less. The cheapest I've seen good 5.56 ammo is about 31 cents apiece. I can load it myself for about 18 cents a round, a savings of 13 cents a round. However, prep time is significant unless you use the RCBS X-Die (which I do), and I'd be lucky to do much more than 150/hour (I use a single-stage for this).
So my "return per hour worked" is less. Whether that's enough return depends on several things:
- How much of an hourly return one wants
- What else one would have to do with one's time--would it be replaced with watching the boob tube?
- Whether there is any inherent satisfaction with rolling one's own
- Whether the independence of being able to load one's own ammo instead of relying on factory ammo which may dry up is important
- Whether an individual finds the reloading exercise to be relaxing
- Whether saving money, for real, is important
There is no right or wrong answer, as it depends on each person's values, needs, and desires.