HI
I feel that John has covered the cost about right , though I will add to this conversation from my experience.
I bought an Emco PC50 mill [work area 200x115x150ish] and PC50 Lathe from a college that were having a clearout. The machines had been in storage for a couple of years and had rusted surfaces though the guides had been oiled/greased so cleaned up nicely. These set me back ~£400.
I decided to scrap the existing electronics as there was no dedicated interface cards /software/cables/manuals with the hardware.
On the Milling machine I replaced the stepper motors for around £30 each [3 off] and ordered up an All in One Mach3 controller with stepper drivers based on the Toshiba TB6600 [cost ~£70] . I ran the copy of Mach3 that came with the board and an old PC I had . The 3phase spindle drive came from Ebay ~£60, I got the machine working and was able to run cutting tests successfully .
I decided to purchase a Licenced copy of Mach3 [~£130] and have been running the set up without issue for a few years now.
I use Fusion360 for my CAD and CAM generation [£0 currently !]
I then spent around £400 on machine vices, tool holders , clamp set, air -mist cutting chip clearance and cutters.
Total Cost to get started around £1250

I have probably spent half as much again on various bits for the cnc workshop over the intervening years [4th Axis more cutters [HSS and Carbide, stub drills ,High Speed Spindle etc etc ……]
I have since built a CNC Router Mill with a work area of 700x400x100 based on 40×40 Aluminum T slot framework [~£100], linear guide rails and ball screws[[~£150] with 12mm Aluminium CNC cut plates[~£100] [guess what machine they were cut on ?] The Stepper motors were a similar price [~£100] to the original Emco PC50 Mill , the drivers are DM542 based units [~£75] and the controller is a DDCSV2.1 stand alone unit .[~£170] .The spindle will be an air cooled 1.5kW 3 phase unit with ER11 collet [~£150].
Total cost of this setup is around ~£ 850
The purpose of this Router is to cut larger objects [ wagon and carriage sides from MDF /Plywood] Instrument Panels [3mm Aluminum] model bases 50mm Hard Wood , Engraving Plaques Brass etc etc
[Photo is of the initial prototype , using parts from the "Come in Handy Cupboard" , 3d Printed components and plywood !!]

Good luck with your endeavours and welcome to the "Rabbit Hole" of CNC
Steve
Edited By The Novice Engineer on 03/01/2021 20:05:50