I work as a musician and producer in a recording studio for $30 an hour. The studio and engineer get another $30 an hour. I do everything from quick demos to very in depth professional recording. 2 songs can cost anywhere from $600 to $6000. I also do live shows. Concert setting, not lounge type. Hour and a half show aproximately $500. If I use my band, a 5 piece band, can cost upward $3000 which includes a sound and lighting system large enough for a 1500 person venue.