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I always compare my expenses to that of keeping other types of pets. I don't think it's uncommon for people to spend upwards of $600-$700 anually on a dog (not including the initial purchase). Which should be roughly what I spend a year on maintaining the tank. My initial cost can't really be pinpointed though, because I'm one of those who have slowly upgraded over the years. It's not those most ecomoical way to get a big tank, but it doesn't bite your wallet so hard right off the bat.
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THE BARQUARIUM:
55 gallon cube - 50 lbs LR - ASM G3 skimmer - 30 Gallon sump - 22 Gallon refugium / frag tank - 4x 24 watt HO T5's - Mag 9.5 return - Pin Point PH monitor - 400 watt XM 20K MH in Lumenarc reflector - Dual stage GFO/NO3 media reactor - 6 stage RODI auto top up -Wavemaster Pro running 3 Koralia 2's.
Fully stocked with fish, corals and usually some fine scotch
http://www.canreef.com/vbulletin/showthread.php?t=55041
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