Reef Tank Costs

[bbrook]

I currently have a 55 gal. FO. I have had fresh and salt tanks for 10 years. I have always considered getting into a reef tank. I have read this board and others for quite a while to learn and consider various options. As I get closer to a decision I would like to start making sure I know what I am getting into cost wise. I understand a lot has to do with how far you go.
I currently have 1* 2" of crush coral, no live rock, decrative coral, w* d with bioballs and Rio 2100, sinlge 40w light, test kits for PH, Amonia, nitrites and nitrates.
I buy premade water from my LFS for .89 per gal. I know I pay more than making it myself but it is easy and I can buy it the day I need it. No premixing, RO'ing my on water, etc.
Here is what I know* think I need and approx cost:
better lights w/ hood $400 - 600+
skimmer - $200+
live rock around 80lbs- $4 - 7 per lb.
live sand ??
inhabitants - endless cost
UV??
Other??
I also have no idea about monthly upkeep costs. Things like trace elements, additional tests, new bulbs, etc.
I will likely proceed slowly and start to upgrade my lighting, buy a skimmer, start buying live rock, etc. over the next year or so. Then dive in with the reef tank after that.
Can someone help me with the overall cost so I know whether I really want to proceed and how fast or slow.
I appreciate your thoughts and help. I love looking at all of the tank pics on here and would like to upgrade mine if it is feesable on my pocket.

 

[xavier]

YOu will need the lights. Look into PC lights first.
Also buy a good skimmer. You can install inside the sump if possible.
No need for a UV. Everyone I know doesn't use one.
Also plenty of good* nice live rock. Set this up and wait a few weeks.
Read, read, read and then slwoly add your clean up crew.

 

[corky]

Sometimes you can reduce the total cost of live rock by purchasing some base rock and then put the live rock on top of it.