Quote from Yuuki Asuna;1219429:
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Repairs are a recurring cost too!
And some equips (i.e. accessories) are very expensive to repair on top of the enchant cost. This is part of why I think catering is a viable alternative to a variety of small boosts like handmade arrows or dense mana bullets, particularly if you find fairly cheap NPC dishes that give you good boosts (i.e. 10 lemon teas for ~6k = 70 dex/87 int/~50 HP = 20 control bar max or about 24 bow max, or magic attack etc.) You don't wear your enchants all the time (most likely) and you'd probably only use 2-4 catering dishes a day for dailies (so instead of an Oblivion accessory for 2m, I can get 332 tea dishes which would last 83 days at 4/ dishes day.)