The headset cost me just under $60, used, from the US.
In the case of Spike's project, he bought a Bluetooth receiver to receive the signals from a Neurosky headset. Pretty expensive, he said, as is the Neurosky headset.
The Mindflex that I'll use, (which also uses the Neurosky chipset for processing), also uses 2.4GHz to transmit to the base unit originally, but apparently the headset's micro parses the raw data first, and doesn't send it all on to the base unit, so I'll be tacking into the Nerosky chip directly, then sending all of it's data out by way of a 433MHz APC220 RF transceiver module.
The raw data is then processed by the Arduino, using the Brain Library, and the rest is up to me.
The raw data from the Brain Library looks something like this:-
"signal strength, attention, meditation, delta, theta, low alpha, high alpha, low beta, high beta, low gamma, high gamma"
200,0,0,70022,1415627,296609,25469,7758,19291,6073,220596
200,0,0,156935,1214616,65576,66807,66404,93299,3214,115150
200,0,0,809665,189860,112964,133943,41532,31662,36654,108499
I jsut want to use the Alpha and Beta waves, to control the speed of a small motor, for starters, then go from there.
A couple of links, if you're interested:
This shows the hacking process:-
http://www.frontiernerds.com/brain-hack
And this is a series of short YouTube vids that I'm working my way through right now. There are 8 videos in all. (You'll need to view on YouTube directly to see the links to the other parts, 2 to 8.:-
So, to answer your cost question, the Arduino was $8, the headset was $60, the Arduino Brain Library was free, and the APC220 RF modules are about
$20$40 a pair. The rest depends on exactly what you want to do. I'll use a PIC in the headset to send the raw data out via the APC220, then probably a PIC at the other end, after the Arduino, to control a small motor driver. PICs about $5 each.
Edit: I forgot to add - regarding range, the APC220 modules are very reliable at 50 metres, but have been known to work for up to 1km with direct line-of-sight. I use them a lot.