Bread machines have gotten quite cheap and they do a good job. We go through phases where we use ours regularly and then periods where it is packed away in the garage for months at a time. We just recently pulled it out again and have been making challah bread. My wife wanted to bring some when we go to my cousin's house this weekend for Rosh Hashanah.
Fresh bread beats the store bought stuff any day, so taste and quality is a big consideration. The homemade stuff is healthier, too, because it doesn't have all the artificial stuff and preservatives.
As for cost, it really depends. You need to find a good inexpensive source of ingredients. Buying in bulk is your best bet. Buying yeast, for example, in the little single use packets at the supermarket is very costly. If you can buy a large quantity, you'll cut your per loaf cost a lot. I'd look online for supplies.
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Steve
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