After doing some reading about fluorescent bulbs, it turns out they are full of mercury & you'd just better not break them, so Andy and I took at look at LED bulbs.
We looked at this LED bulb, which according to the lumens rating, is approximately the same brightness as a regular 60-watt bulb. It costs $67.95. My first thought was "There is no way that's going to be competitive, call back in a few years." Then we started doing some math.
The LED bulb lasts for 30,000 hours. The 60-watt incandescent lasts for 1,000 hours. So you need 30 blubs to last the same amount of time as just 1 of the LED bulbs. That's $56.18 right there ($1.83 per bulb was the price we found online), just to get the same amount of hours from your bulbs. Not sounding so outrageous anymore.
Then we did the math for what the electricity would cost. The incandescent bulbs will cost 179.79 at our current electric rate. The LED bulb would cost 96.41 for the same amount of time. I can think of a few things to do with an extra $80 or so, per bulb in my house!
Clearly, the LED is cheaper to have. It's just gonna hurt more up front.
PS. Andy, after doing some more looking around says that:
1. GE says the mercury's not dangerous, and
2. LEDs use less electricity than fluorescent.