There is nothing inherent about CCR that makes it significantly more expensive than OC.
....
This could be the case for all divers if CCR's were mass produced and their initial training was CCR.
In Italy a Cressi ARO unit was costly approximstely half of a compressed air scuba system of the time.
This was the main reason for which the ARO was the preferred scuba system here from 1948 up to 1968.
An ARO unit was cheaper to buy, but also cheaper to operate: it was designed for operating with medical soda lime manufactured by Carlo Erba, which you can buy at any pharmacy store for a small cost, and industrial-grade pure oxygen. Refilling a 1-liter tank by transfilling was often done for free or for one buck...
It was also lighter and compact, and heating the gas, so much confortable for female divers who did not like to use a diving suit.
Finally, rebreathers were employed in diving school as the main training apparatus until around 1980, when Padi arrived here, changing everything.
So all OW divers were trained with ARO rebreathers.
It was working well.
AROs went out of fashion when it was discovered that using them at depth greater than 6 meters is truly dangerous.
In 1975 max depth was 10m, so it says my first OW license.
However a few years before (until 1970) max depth was 18m with proper depth-dependent time limits, and the practice of starting with the loop full of air, instead of pure oxygen, was widespread, allowing to reach a depth of more than 20m.
Of course this caused a number of accidents in the sixties, which triggered the studies which caused the progressive reduction of max allowed ppO2.