Since reloading is both a hobby AND has a high benefit / cost ratio
IT REALLY DEPENDS ON HOW AN INDIVIDUAL USER MAKES HIS CHOICES.
For example--I set up a major reloading project this year--which so far, has cost me several hundreds of dollars in components alone. To keep the example simple, I can now load ammo that replicates a factory PD round for
1. about 25 cents a round using the factory JHP bullet or
2. about 10 cents a round using a Lead cast bullet.
Now, how much do I shoot?
Buying factory ammo in small quantities, I would have probably shot no more than 50 rounds a month--that's $600.00 a year for the ammo alone.
With the factory bullet reloaded, I can shoot 200 rounds a month for the same cost, and 500 rounds a month with the lead bullets. These costs, BTW, include a 1.5-cent amortization for the brass--e.g., buying new starline brass and allowing no more than ten loadings.
Before, with a cost of $1.00 down to nominally 50 cents a round for the factory ammo, I (would have) shot little, and it was really driven by budgeting. IMO, with PD ammo--ammo for a carry gun--that's a false economy. The carry gun is a lightweight j-frame, and I needed to shoot a lot to get used to it and become proficient.
About six months ago I costed out a Lee Classic Cast 4-die Turret / .45ACP reloading package, with everything a new loader would need, ranging from a tumbler and media up through a max case gauge. From Kempf's, that package would come to about $350.00 with shipping; it could be done for somewhat less.
Components to load 2500 rounds came to about $250.00, IIRC. The breakeven over buying WWB ammo was at about 2500 rounds if one shot economical loads--i.e., 200 gr. LSCWs over 231--and one would have powder left over and brass to reload.
So, if one were disciplined, you could shoot 200 rounds of .45ACP per month and pay back the entire investment, and yet still have powder left over and 500 pieces of brass to reuse indefinitely.
The question is, will you get the payback and shoot less, or do you want to now shoot more?
ABOUT THE SHOP NEEDS: There's a thread here that shows reloading bench pictures. The 45ACP package above could easily fit into a 30-36" workbench setup, and people have even set up temporary workspaces of B&D WorkMates and a file cabinet.
Jim H.