Low End Setup $

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Low End Setup $
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Alternatives (Not as good)
$ 159.00
Older model or used GoPro's are still 4K cameras with HDMI out. It is an ultrawide lens with distortion but high resolution and stablized.
$ 29.99
Elgato Key Light is actually an array of 80 RGBWW LEDs softened and with a nice app. You can replicate the look with just off the shelf RGBWW LEDs and a diffuser.
$ 3.41
One of the cheapest diffusers you can buy is actually your local grocery store Parchment Paper normally used for baking. Plus it is heat resistant already.
$ 129.99
Still need some sort of capture card though.
$ 129.99
Tried and true, affordable yet very high quality USB microphone avoids having to pay for an XLR audio interface.
Audio is super important so even in a low end setup, I wouldn't cheap out on this.
$ 9.99
Earphones get out of the way unlike heavy headsets and ensure you can hear how your audio is coming out. Wired connection lets you avoid latency issues.