I already thought about Chinese parts as the first option but shipping parts from different places and so on it is around 150$ especially with Ergodox modifier keycaps also if I want to include hand wrist which IMO important with the Ergodox design.
teensy++ 2.0: 13.27$ (free w.w. shipping)
linkKailh MX (black/blue/brown/red) x108: 31.80$ (free w.w. shipping)
linkKeycaps are a little more tricky. There are group buys here where you can buy modifier keys separately and cheaply, for example shadovved's group buy; full set plus extra modifiers would be around 50$. Or you can search ali for cheap enough sets to buy two full sets that would cover all ergodox keys. Price is usually around 15-30$ per set (free shipping). If you make a custom case you could even design it to use different sized keycaps, for better support (instead of 1.5U, use the regular sizes, etc).
Also being the typical chinese vendors, there wont be any taxes (usually). The rest of the electronics (cables and diodes) are negligible in price.
Total: around 80$ (excluding case, which you can theoretically get for free or at least cheap using acrylic sheet and get someone to cut it for you, case designs are online as well as firmware).