STUDIO SETUP FOR MUSIC COMPOSING
This is the place where HONK II soundtrack was born.

This is the cheapest you can get, actually:
Microlab speakers (for shit and volume control):

SENNHEISER HD 380 PRO headphones (for more detailed mix):

Focusrite Scarlett 2i2 1st GEN soundcard - for guitar and mic recordings:

Fender Telecaster American 2012 - for rocking the hell out:

HONK, HONK, MOTHERDUCKERS!!!