The average cost of starting a podcast can vary wildly. On the low end, you can use a simple USB Mic that costs $50. From there, you can spend up to $2-3,000 on studio-grade microphones and audio mixers (4 x Shure SM7B, 1 x Rode Rodecaster Pro, Accessories, etc.). Most people will start their podcasts with a budget of $200-300 and upgrade their microphone and mixer if they decide to they need higher-quality equipment at a later date. Take a look at our Podcast Buyer's Guide to learn more about your best options.