The most affordable way I know is to make your own. Tandy sells leather and tools. If you don't want to sew the edge punch holes and lace it - which is what a lot of the old-time cowboys did. If you need ideas post a request in the Black Powder sub-forum and all sorts of good stuff will come flying.
If you're not interested in do-it-yourself, check around at local retailers, gun shows and flea markets. You will sometimes find a box full of old holsters at very reduced prices. A holster that fits is fine, but don't pass up something that can be made to fit.
Wearing on a ranch for work is different from cowboy action. For real life wear, I'd strongly suggest a flap holster. Cabela's has them under the title "Triple K Leather Flap Holster." These are much closer to what REAL cowboys used and are vastly more practical. The CAS holsters are for fast draw and show.
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