Reloading is almost always cheaper. 1000 bullets to reload is 77 bucks
http://www.midwayusa.com/product/2586165491/armscor-bullets-22-caliber-224-diameter-62-grain-full-metal-jacket-boat-tail?cm_vc=ProductFindingHowever the cheapest 1000 live rounds is 248 and they are steel case boxer primed.
http://www.midwayusa.com/product/3083217598/tulammo-ammunition-223-remington-55-grain-full-metal-jacket-bi-metal-steel-case?cm_vc=ProductFindingPowder varies and depending on what powder you are using to load with (this is where the manual comes in handy
) a pound of powder used to run like 20 bucks and will more than likely load a 1000 rounds of 223. So as long as you have the brass hand loading is cheaper. Side note I never ordered powder, the shipping will kill you.