you can start AG with as little as $30…i did.
5 gallon cooler at wally world: 19.95
5 gallon paint strainer bags at HD; 2 for $4.
hose, valve, bung at NB…about $5.
some pics and text here:
You can easily mash 6-8 lbs of grain in a 5 gallon cooler.
Mash and sparge with 9-10 quarts water each.
Preboil volume in a 5 gallon extract pot: 15-17 qts. (if i get closer to 17, i either split the boil by keeping up to 14 in the 5 gallon pot and moving the excess to a smaller pot (I boil both and combine at approx 45 as there is now plenty of room in the 5 gallon pot); or, boil 14 in extract pot and freeze excess for use as a starter.) Post boil volume is usually 2.75-3.5 gallons
I also sometimes take a 5 gallon batch (recipes that have 12+ pounds of grain) and just split every thing in two and do two complete brews in the same session. This requires 2 mashes, 2 sparges, and 2 boils for a full 5 gallon batch in the fermentor. It makes for a slightly longer day, but not much longer as the second is mashing while the first is boiling. But, lately i’ve just been doing 3.0-3.5 gallon batches so just 1 mash,sparge, boil.
Anyway, it’s not that expensive if you either do 2x half batches or 1x small batch as the volume of the final wort is similar to your extract so no big pot or IC is required. Plus, it can all be done in the kitchen…year round. 
just a thought.
cheers.