For a good progressive that is about right, BUT I would recommend you start with a single stage or turret until you learn how to reload and find out if reloading is something you want to pursue. It is easier to dump a SS press on E-bay if your not interested in continuing. A SS can be had for less than $200 with everything needed.
As for how much it takes to recoup cost take a look at this.
http://10xshooters.com/calculators/H...Calculator.htm