In short. you are going to spend HOURS loading ammo and have to load probably a couple thousand rounds to just break even on your initial equipment costs.
Depends on what you're loading.
My equipment has paid for itself, many times over, by loading rifle ammo.
.270 Win, .30-06, and .458 SOCOM, in particular. When each trigger pull costs about $1 less, and you shoot full power rifle as much as I do (*or did before L'Rona) it adds up quickly.
Sometimes, all it takes is one really extreme example to amortize the costs very quickly.
I load Woodleigh 215 gr RNs in 7.62x54R. The closest equivalent factory load when I started was (when they were still around) A-Square's 220 gr RN - equivalent bullet, but I do not recall exactly what it was now.
Even with Woodleigh bullets, I loaded for about $13 / box.
The A-Square ammo was listed at $108 to $140 / box by the few retailers that sold it.
I "saved" over $95
per box.
That adds up incredibly quickly.
.
There is, of course, the other side of that. The very important fact that I never would have bought the A-Square ammo for that price. I would have settled for something else.
But, what reloading did for me there was allow me to enter a realm otherwise unaffordable.
I did not actually "save" money, since I would not have spent it to begin with. But it allowed me to take a huge step up toward 'ultra-premium' without costing more than a cheap box of factory .30-06.