Hi Bob,
Your post was very informative, thanks for doing the research!
You wrote;
BTW, maple and red oak are usually the next cheapest after poplar.
It is difficult for me to remember

to include when speaking of different species, but I should point out that ones location is
all important in regard to which species is commonly available, and which can be had for the lowest price.
In my area, Illinois, Oak is relatively inexpensive, with Poplar being next in line.
Here, Maple is like an exotic African whatever wood...just completely unreasonable.
So, point is no matter what advice we give or receive here, always consider that one species or another may be more/less expensive in your area.
A potentially large savings...
Another point is "knot free Pine"
Knot free Pine is not a common thing here either...
Most of us would like to think that we can just go to the lumber yard and "pick out" some really nice lumber for our project...
Well, most of us have been conditioned to shop at the big box stores, because of the convienience and cost savings.
Wood can certainly be had cheap there, but it is usually cheap wood and we're the ones being "had".
Most weekend project people don't know or care about what they get...they just want a "board" for that shelf (or whatever) project.
It costs more, but buying from a true lumber yard will net you much higher quality lumber.
For those that may not know, lumber is graded according to quality.
Higher the quality, higher the price.
Can you guess which grade the big box stores sell you??
If you're slapping together a temporary box to store something in the garage, the lower quality lumber will suffice.
If you're building an heirloom curio cabinet for your daughters wedding present, you'll probably want a little better quality.
So, you live in a place devoid of a "real" lumber yard...
Choose a piece(s) of lumber bigger than you need, that the proper sized parts can be cut out of.
You end up with no knots, and straight grain.
Rob
Waiting for "someday" will leave you on your deathbed wondering why you didn't just rearrange your priorities and enjoy the time you had, instead of waiting for a "better" time to come along...