Factory ammo
Cost per round $1.400
Per range trip $140
Per year (1,800 rounds) $2,520
Reloading
Cost per round $0.794
Powder per round $0.234
Per year $1,430
A pound of powder is 7,000 grains. Gear cost is your press, dies, scale and other one-time equipment; it is left out of the per-round cost and used for break-even below.
Factory versus reloading
Saved per round $0.606
Saved per year $1,090
Gear pays for itself after 991 rounds
That is about 6.6 months
Your time is not counted. Reloading also lets you build more accurate loads than most factory ammo, which matters more than the savings for a lot of shooters. Always follow published load data.