That's like saying that software development is cheap because all you need is a $1000 machine. Sure, the barrier to entry is low, but achieving anything significant still costs a lot (whether in recruitment costs and salaries, or in sweat equity and personal time investment.)
If you're a remotely rational government, why would you not subsidize it? The dividends you could reap from a population with greater health, intelligence, self-control, low time-preference, etc., would be ridiculous.
Of course maybe people will want to use it for more zero-sum things like height or looks, so maybe you ban or don't subsidize that, but inequality in more positive-sum traits is unlikely.
CRISPR is cheap.