If you have Trader Joe's in your area, they have mesquite honey for ~$4/1.5# container, which is a steal (it seems to be pretty popular around here). I've also found good honey is fairly inexpensive if you can find a large local supplier. If there are only smaller suppliers, prices tend to be higher. Internet honey tends to be pretty pricey, especially if not bought in bulk (at least a gallon), but you can get a wide range of varietal honeys. Some LHBS have honey at good prices, others have a high markup. Other places to look for cheaper honey are natural grocers, farmer's markets and food co-ops. The cheapest and easiest types to find tend to be clover, orange blossom and wildflower (which is a catch all for mixed variety). The biggest thing to look for is raw and unfiltered honey, varietal isn't super-important for a JAO first mead. I'd say paying under $5/pound for good raw honey is reasonable for non-bulk purchases. If you don't have access to cheap honey and you're still unsure you want to make that kind of investment, you can always use processed honey to use in a trial batch to see if you still want to make a larger investment. It will work fine, but the honey flavor will be a lot less distinct and lacking aroma.