I made this barrel for about $15, but using bulk discounts I was making them on average for about $12-$13.
I can make one in about 10 minutes if I have all my parts and tools lined up, but it will most likely take about an hour if you are not familiar with the process
For two years I made these rain barrels and sold them at a local farmers market for $50. I got a little tired of them, as anyone would after making hundreds of anything. Eventually I realized that I would probably be more interested in designing larger rain water containers, and that these barrels are kind of a puny attempt at rain water collection. The best way to collect rain water is with a cistern that can hold thousands of gallons of water, rather than a mere 55 gallons. I recognize that not many people would like to spend their time and money on a large plastic container in their yard, which is why I am posting this "how to" as a compromise. I also think that having a rain barrel forces you to reconsider your daily water use, which is a positive outcome of a large or small rain water collecter.