Still possible, yes, especially if you are still using older components you bought back in the "buy them cheap and stack them deep days"...but I actually don't reload as much as I used to (also don't shoot as much, sadly). But what I have started doing when I do reload is to only do calibers that are ridiculously expensive right now (relatively-speaking) like .30-06, .30 carbine, 10mm, .380, etc. While I have components, brass, dies, etc., for 9mm, I still have never bothered loading for it (yet). No need to, as I have enough factory ammo to last me a very long time. I have been buying it for years (decades really). Only buy stuff when it is on sale in bulk when possible and can get free shipping, or whatnot.
I still have components for things like .45ACP and the brass lasts forever basically, so I can still load that stuff cheap because I haven't had to buy really any new components for this caliber (at today's prices) because most of it I bought 20-25 years ago. I still have reloads I haven't finished shooting up yet in .45ACP that I reloaded right before my son was born (he is 24 now). At that time a factory new box cost me around $7-8 at that time. Back then I was reloading at about half that price. Even factoring in the cost of primers now which are at least 3-4 times more expensive than they were 20-25 years ago, I can still save a lot loading these. I just don't shoot that caliber much anymore. Although that has changed somewhat since I got a couple of new 1911's and a M-1 Thompson factory-built SBR within the last couple of years.
These days, the costliest part of reloading for me is my TIME. Which, I have very little of, being single and trying to take care of a house and all the other associated stuff by myself and I still work full-time. Also, I have never had a progressive-type of reloading press. I started out using a turret press and then went to a single-stage but decided to go back to a turret press. I have also started dabbling in other things like casting shotgun slugs and buckshot. I do want to try to get back into a routine again of reloading more because I need to load up some more .380, .30 carbine, and some nice .38 special target loads. One of these days, perhaps
Honestly, despite how ridiculously expensive things like powder and primers have become, I still wouldn't let it discourage or deter you from trying to learn how to reload or get into reloading, because it is a great skill to have. Especially in these current times. Prices go up and down. If things go well this November, then maybe we will start seeing some prices go down again and inflation MAYBE start ticking down a bit.
Things will never be as "cheap" as they were back in the "good old days" of course, but that goes for everything from gas, food, and ammo. Is what it is. Our government is addicted to spending trillions more every year than they take in via taxes, printing billions and trillions in currency backed by nothing (hence the inflation) so we always run a budget deficit and a national debt. And we like giving away money to countries that hate us and letting everyone in the world now come across our borders to get free stuff from us. But I digress...