When you think ultralight it’s easy to also think ultra expensive Dyneema composite fabric cottage gear. And you could spend a fortune to get a light gear setup. (Trust me I know. I’ve done it)
However, there are ways to get a cheap descent lightweight kit. Maybe for family members who rarely, but occasionally join you on hikes. Or friends that are showing an interest in hiking, but don’t want to spend a small fortune before they even know if is for them. On Reddits UL-forum there is a constantly changing lighterpack gearlist with ultralight affordable alternatives.
I put together a version for a somewhat complete gear list for a price of around $300 and a weight around 3000g using parts of the Reddit gearlist.
I also bought a down puffy ($21), a foldable sleeping pad ($18) and the 3F frameless pack (950g / $43) for my wife.
You do however skimp on quality. The low cost comes with that. There have been reports that the fabric in the sleeping bag and quilt doesn’t breath well, which makes you sweat, and in the end will leave you colder. They’ve changed the fabric on the sleeping bag, but it didn’t appear to be fully down proof as down seems to seep through the fabric. The quilt also has sewn through baffles, but I plan to use these primarily during the summer. But I might also use the quilt over my winter sleeping bag if the temperatures drop as much as they did on my January overnight trip.
In most cases I’d say that more expensive gear from known quality brands will give you better products. And I like to support the cottage industry. But if you, like me, want to get a lightweight setup for family members without having to spend a fortune on gear that seldom gets used, it’s nice to have a cheap option.
Update in January 2018:
I’ve made an updated post with a lighterpack here