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Creutzer comments on How can I spend money to improve my life? - Less Wrong
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Reading a novel on a computer screen sucks.
The Amazon Kindle is very cheap ($70-$210 depending on the exact model and features you want; assuming you buy one every 2-5 years, it is a trivial expense for all but the most destitute).
Cheap low end tablets cost around €30. Their parameters and battery life suck, but for indoor reading they are acceptable. And as a bonus you can do more things with them (such as using tap-and-search dictionary if you are often reading in foreign languages).
Cheap e-book readers are a bit more expensive, from €40 up.But they weight less and their battery life is vastly superior.
Still, if your genre preferences are somewhat "traditional", IMHO public library is the way to go.
My mileage strongly disagrees with yours.