Starting a self-hosted WordPress blog can be expensive, depending on the setup you choose. A basic WordPress blog setup with a domain name and hosting account from a major provider can cost around $5 per month, though this price can rise significantly for more advanced features and configurations. If you have your own server, however, setting up a WordPress blog may be less expensive. A basic server with 1GB of hard drive space and enough bandwidth to handle a small blog may cost around $25 per month.
As your blog grows, more server resources will be required, so factor that into your budget. Additionally, you will need to pay for software such as cPanel or WordPress Hosting Control Panel to manage your blog; these applications typically cost between $60 and $200 per year. In total, starting and running a self-hosted WordPress blog can cost between $100 and $500 per year.