Cost will depend on what size of pipe you get and if it is galvanized or not.
They will both cut pipe, but these are nipples and end caps. Thus cutting is not required as nipples come in a variety of lenghts ready to go. Overall it is two nipples (2 different sizes) and two end caps (2 different sizes).
Check some of the lampworking or pottery supply firms for sieves. A set of 4 runs about $40 or so depending.
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