Get a container. I chose a 150qt Igloo cooler (89 bucks at the Navy Exchange). Any type of container will work, it just needs to be water proof. You can use a plastic storage container from your favorite department store for less the 10 dollars. Size matters. If your going to put money into making an incubator, be sure to get a container big enough to work for you now and the future. If your container is to small in a year or so, you can always rip everything out and build another.

Get a temperature controller. I bought mine at "Big Apple Herpetological". It's reliable and accurate. $110. It was the priciest thing I bought for this project. When there is 40 eggs in the incubator you don't want to worry about your controller failing or going nuts. Wafer thermostats change set point when the atmospheric pressure changes. I strongly recommend a proportional digital electronic temperature control. There are other good controllers out there, that are cheaper and I'm sure just as good.

6 Foot piece of 2 inch PVC- Used to support floor grate
White eggcrate louver- found in the lighting section of hardware stores. 6 dollars

Get a heat source. I used 3 feet of 11-inch wide "Flex Watt". You can use a Under Tank Heater (UTH), Lights even a ceramic emitter. Your heat source needs to be big enough to heat your container with out over working it self. It should be water proof since it will be exposed to humidity. Flex Watt has some open ends and needs to be sealed off, we will do this.
Get an accurate thermometer. I picked up a Dual Location Digital Thermometer with dual probes, one for humidity and one for temperature cost was 25 dollars. The more accurate it is, the happier you will be.

(Optional) 120V fan. Radio Shack, 15 dollars. I'm going to use this when I want the same temp in all parts of the incubator. I will be putting a speed controller (dimmer switch) with an on and off switch that will energize it. Warm air rises. It will be warmer towards the top of the incubator without a fan. A fan can also be used to facilitate increasing the humidity, well at least in this design it will.

Empty water bottles. Free from the recycling bin at work (lol). These will act as a heat sink. They will hold in some heat so your incubator wont be trying to raise the temperature in the incubator from "room temperature" every time you open it.
(Cool option) DC to AC Converter for a automobile cigarette lighter. Radio Shack, Cost was 30 something dollars. Make sure it will handle the wattage of your heating element. Ever loose power? Wouldn't it be great to hook your incubator up to a cigarette light in a car?
My cost for this project was about 250 dollars. You can go much cheaper and I'm sure much more expensive. Compared to the 100 qt cooler (that I really liked) I found being sold by a reputable dealer for $799, I'm on the road to save some serious money and add some features that they don't offer.