Drunk blogging from cliffy aside, what you need to ask is if you think the continuous consumption of 200 rounds a month is going to keep up. If so, reloading will pay off in about a year (math below). My experience is that people jump into shooting, shoot lots, then back off. Much like many sports/pastimes. I am not trying to talk you out of reloading, just to be objective.
Now the math: I do it based on this. Buying a new Dillon SDB ($350), saving your existing shot brass for month, and then getting some locally cast lead loads and a decent powder works out like this:
Shooting 200/rds of .38 special = $40/month via Winchester white box from Walmart. Time to shoot $400 worth = 10 months.
Cost to have a nice handgun loading machine set up and crank out 200 rounds = $400.
There are flaws in this math (You could buy a used machine, but not much cheaper than new; they are in demand right now!), but it should hold. Also, there are cheaper machines than the Dillon SDB, but it is a good benchmark (it is also a handgun only machine, so if you want rifle capability you need to recompute).
Others will post and come up with better ideas, but based on what you said, that is your simple answer. On the other hand, there are upsides:
1) Most quality reloading equipment resells for 80 to 90 cents on the dollar, so you can't loose money (much) if you decide to get out, and this include dies, presses, and accessories.
2) Having a machine makes you much more likely to buy a gun in a new and different caliber. Once the initial machine is done, a new caliber is cheaper to add ($40 to $100 depending upon base machine).
3) Reloading is fun! It is technical, requires thought and careful work, and is rewarding. It's kinda like golf in that respect, or sailing or skiing. OTOH, if you aren't into that level of attention, skip it.
So, that's my take on it after 15 years of it, and I think it's a good thing. Heck, I used to live in a 600sf NYC apartment and I still had a progressive (Dillon 550B) press set up in it when I got started!