Quoted:
At the funshow last weekend 9mm FMJ was $11 to $13 per 50 rd box depending on brand. Brass cased brands you have heard of before.
I doubt commercial ammo will ever get back down to the cost of reloading for most calibers.
I was shooting 230grain Hornady XTP's with VIHT N340 powder at an IPSC class the other week, everyone around me was shooting cheap commercial ball ammo. One of them said I was crazy for shooting such expensive bullets. I asked him how much he paid per round for his Remington UMC (it was 45ACP, he said 33 or 34 cents). I told him I had reloaded all the XTP's I was shooting for 24 cents per round. I was only using XTP's because I was out of round nose FMJ's, and couldn't find them at a cheap enough price over the counter to make financial sense on short notice).
When he found out my premium loads cost less than his bulk plinkers, his face was priceless:
I decided not to tell him that I usually shoot cast lead bullets, for around 8 cents each (and that's higher than it should be because I'm not so great at scrounging for cheap lead...)