I'm with bigears on this one. It's hard to justify spending the bones of €300 at the start of a hobby. For a hundred euro you can get the starter pack and a good kit. Then the equipment can be added to over time.
Plus, and I know this isn't for everyone, a lot of the joy of the equipment side of the hobby is doing a bit of DIY, and trying to be inventive. I couldn't justify €70 on a chiller that I can make for €20.
It's not about being cheap, or making cheap beer, but if the costs were prohibitive I would have to think twice about it. Comparing like with like, I'm making very cheap beer.