Notes

Above is an example of a cost effective home studio.  There are numerous different equipment and setup to choose from.  Depending on your budget you can spend a few thousand dollars to several thousands dollars.   You can purchase integrated systems, which are systems that are combined with multiple pieces of components (i.e., a keyboard which include a drum machine, a fx (effect) processor, and a sequencer). Or you can keep the components separate, as shown in the above example.  It is preferred by some to keep the components separate to give you more control of your studio and to build your home studio piece by piece. 

You can also purchase additional pieces of equipment (not shown here).  This is a good inexpensive system to get you going.  Remember it's not the price of your equipment that makes good music, it's your skills. There are many people with very expensive home studios with all the latest bells and whistles that can't make good music!

With technology rapidly changing, the average person can own a decent home studio for less than $5,000 which can rival a $100,000 professional studio.