Regardless of whether you are a novice studio owner or have been in the industry for years, understanding all of the necessary recording equipment is key to transforming your small personal set-up into a professional space.
Recording studios are a lucrative business, but the cost of equipping one is a significant investment. To help you decide your recording studio needs, we’ve put together a comprehensive list of recording studio equipment and average costs.
Essential Recording Studio Equipment For Professionals
Setting up a recording studio can be pricey, but there are a few key pieces of equipment that should be considered first. Here is the ultimate equipment list for your recording studio:
1. Computer
A Mac or PC with plenty of storage and RAM will run your recording software and plugins, allowing you to easily create high-quality recordings. Having a powerful computer with lots of storage is key to having a streamlined process. Average cost: $1,000 and up
2. Audio Interface/Microphone Preamp
This device connects your microphone to the computer and amplifies it for optimal recording quality. Professional studios use high-end “high fidelity” models for the best sound. Average cost: $600 and up
3. Microphone
Choose a quality condenser microphone that will capture the sound you are looking for — whether it’s vocals, guitar, or another instrument. Popular condenser microphone brands include AKG and Shure. Average cost: $100 to $1000+
4. Studio Monitors/Headphones
Accurate monitors and headphones are key for hearing what you are recording. Professionals use “active” monitors that you plug into an amp and use to mix. Average cost: $500 to $1000
5. DAW
A digital audio workstation is a software that will record and edit your audio. Popular options include Pro Tools, Logic Pro, Ableton Live, and more. Average cost: $599 and up
6. MIDI Controller/Keyboard
This device is used to control virtual instruments in a DAW, such as a keyboard or drum machine. It is an essential part of your initial recording studio set-up because you can use it with a wide range of instruments and sounds. Average cost: $100 to $1000+
7. Cables/Connectors
Quality cables are essential to ensure a reliable connection between devices in your studio set-up. Average cost: $10 to $30+ per cable
Other factors that can affect the cost of recording studio equipment include the quality and brand of the equipment, the type of recording you are doing, and the size of your recording space.
Overall, with this recording studio equipment list, you can expect to pay anywhere from a few hundred dollars to thousands, depending on the type of studio you are setting up. A safe amount to start with is $5,000, but if you want to go all out on your initial set-up, then be ready with at least $10,000. Of course, you will also need to figure out where you will be setting up your studio and buy or rent furniture accordingly.
Buying vs. Renting Recording Studio Equipment
When it comes to recording equipment, you have the option of buying or renting gear. Buying equipment is an investment that will pay off in the long run if you take good care of it and use it often. On the other hand, renting can be a great option if you are just getting started and don’t have the budget to purchase all of the necessary equipment.
Your decision will largely depend on your budget and goals. If you are serious about recording professionally, then buying quality gear from the get-go is the best option. However, if you are just looking to record demos or practice, renting might be more practical.
Find Financing for Recording Studio Equipment
If you are serious about recording professionally, then chances are you need some kind of financing to help cover the cost. Charter Capital offers flexible leasing options and equipment financing programs that can make it easier to purchase the necessary recording studio equipment.
Charter Capital’s seamless application process and quick turnaround time make it easier to acquire the equipment you need. With flexible terms and competitive rates, Charter Capital can help make your dream studio a reality. As a family-run business, we understand how it feels to start small and work hard to get ahead. That’s why we offer a wide range of financing options designed to fit your individual needs.
Get in touch with our financial brokers today to learn more about our recording studio equipment financing options and all other equipment funding assistance you might need for this new business or others. We provide loans and leases ranging from $10,000 to $1,000,000.