Depending on the condition of your home, it may be cheaper to install recessed lighting on your own. It is often cheaper to install recessed lighting in new-construction homes, because the ceiling may not be fully installed, making wiring easier. Installing lighting in a finished home may require renovations. Cost Helper (costhelper.com) states that hiring an electrician to install recessed lighting in your home can cost upwards of $250 per light.
High-end fixtures will cost more than low-end fixtures. Since the trim of the fixture is the only visible part, you need not spend money on typical lighting accessories, such as lamp shades or stands.
If you're interested in saving money on recessed lighting, consider purchasing do-it-yourself recessed lighting kits for $30 per light.