“A home studio, or a project studio can cost anywhere from three or four hundred dollars up to, you know, 10, 20, $30,000 to build.A professional studio starts around $40, 50,000 on up to, you know, a few million or better”.ou can do a lot with a computer and a good set of monitors. If you want to track vocals you need a nice mic and a decent vocal chain. If you want to track drums you need quite a few mics and pre amps, a multi-channel converter, and a good sounding room. The cost of a good home studio is in the $5000-$50,000 range.