We grow saffron here in N Texas and have for about 3 years now. Last year was our best year for production but that is only because we expanded the number of bulbs that we have planted so our saffron harvest grew in line with that. The first year we ended up with less than a dozen threads total.

It is easy to grow. Just stick the bulb about 1" to 1.5" (25 mm - 40 mm) below the surface and water it in. Keep it moist but not wet so the bulbs don't rot. It will sprout and then produce a nice flower which will have the red stigma or styles that you seek. Each flower will have 3 of them. They pluck easily and take about a day to dry naturally.

Insects will visit the flowers like any other flowers. You have a time-limited window in which to pick them before the flower dries out and it becomes more difficult to separate them from the petals by hand.

The part of saffron growing that makes it expensive is the labor involved in harvesting the red bits which give the distinctive flavor. All of this is done by hand and if you have lots of crocuses to harvest from then you will spend a lot of time gathering them.

We have a couple of 2' x 4' (0.6 X 1.2 m) galvanized steel oval raised garden beds where we grow ours. They are filled with high quality raised bed soil and we do not fertilize our garden except with mulches and compost.

We had a great showing during the hottest part of the summer last year. In total we were able get several grams of saffron from our two raised beds which have between 75 and 200 plants growing in them. I don't really have an accurate count of the number of bulbs we have.

EDIT: This photo shows the saffron beds in our garden. [0] We are still in the process of clearing things this spring. Inside the rings you can see our bulbs, truly a tiny fraction of a metric fuck-tons worth but they have so far yielded several meals worth of flavor. We use about a dozen threads per meal which means that 4 blooms will give you enough for a single meal.

[0] https://postimg.cc/pmJbhZVk

EDIT2: I may have implied that a small operation like ours still takes a lot of time to harvest. That is not accurate at all. Since ours are confined to those two beds and considering that they don't all bloom at once it is a simple process to collect the saffron once the bloom period begins. It takes us a few minutes a day and we spend that time out in the garden anyway managing our other things so it really requires no extra effort to grow and enjoy this spice.

Yes, a couple years ago I started a few beds of saffron at home (zone 7). They're crocus, and bulbs, so I figured why not. I ordered online and planted in the fall and they all flowered that year. I went out after work and picked the saffron by hand, not nearly as difficult as blogs would have you think it is (no, they don't need to "be harvested at mid-morning, when the flower is fully open to the Sun"). Just pinch with your fingers and pluck. I harvested about 1 tablespoon (didn't weigh it), worth maybe 1/3 the cost of the bulbs.

The next year two of my three locations came back with strong leaves and offshoots, but almost nothing flowered. A big disappointment. This year I'll split them up (or maybe split up just one bed) and see what happens. Despite this, I'd encourage anyone in the right climate to give it a shot.

Also, if you're looking for easy expensive spices to grow, try bread (opium) poppy.

I have them in my garden. The do great on the California central coast (with only water from natural rainfall except drought years).

Someone else commented that the claim of having to harvest in early morning is silly-- can confirm; just pick them whenever is convenient, but the flowers do only last a couple/few days. Also, no need to harvest the entire flower, just pull the stigmas with your fingers (it isn't difficult, just time consuming).

No, but I had thought about planting safflower which is supposed to be a budget alternative. Never went through with it.

They grow reasonably well in the PNW but I’m not so sure about the flavor intensity.