From a commercial point of view, a lot depends on your market. UVI had a system cost analysis, with basil and Tilapia, that was over $110,000 but there are two things to remember- one is the premium prices you get on the Virgin Islands and the other was that the market was unsustainable- the volume was so great, it couldn't be asborbed by the available buyers.
UPDATE ON TILAPIA AND VEGETABLE PRODUCTION IN THE
UVI AQUAPONIC SYSTEM...Fresh basil with stems sells for $22.00/kg in the U.S. Virgin Islands. Therefore, gross income from staggered production would be US$515/m2/year and US$110,210/system/year compared to field production with gross income of US$172/m2/year and US$36,808/year for the same production area. Compared to field production, the aquaponic system would save substantial labor associated with weeding but would require additional labor for seedling replacement due to mortality. Total income from the system would be US$134,245 when fish are included.
Here are another two examples of a commercial AP system with lettuce and fish- one with an annual yield of 44,000 pounds of channel catfish
or 27,600 pounds of tilapia. Again, neither was profitable but the infrastuture was top notch and the big four costs in commerical AP sunk it- energy, feed, fixed costs and labor but it is more the operational costs that will kill the deal more than the intial start up (fixed) costs that are depreciated over multiple years.
Integration of Hydroponic Tomato and Indoor Recirculating Aquacultural Production Systems: An Economic Analysiswww.ag.auburn.edu/aaes/communications/s ... sr_no6.pdf