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How Much Does a Recording Studio Cost?

I'm a drummer and I want to record my band and I (I assume drum mics can work for a guitar amp and vocals to save money). I want to save money and have nice material but not go cheap, so I don't have to deal with broken things and bad quality. I would like to keep it under 600-700 dollars AT THE MOST. Can you tell if this is a reasonable budget, and point me in the right direction with good microphones, interfaces and other things. I really like Guitar Center but it is not a must to buy from. I would like to mic up a snare, bass drum, 2 rack toms, a floor tom, maybe a hi-hat, and 1 or 2 overheads. I want some of the mics to be convertible to vocal and amp mics. Lastly, I want mics I can keep for a while and not have to upgrade quickly but not speed too much. I make music similar to Green Day if that helps. And I have a windows 7 laptop.

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lol 600-700 dollars?? haha your funny.
your gonna need alot more than that if you want a decent recording studio. like mulitiply that by by 10. so there you go

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