Can't help you with which way is better or best or even inexpensive. To me thats all a matter of opinion and like the Guru says, "Opinions are like belly buttons. Everybody has one."
(The U.S. government made the choice to bail out Wall Street to the tune of 700 billion tax payers dollars. I would of let it crash. Americans survived the first stock market crash, we could have survived another. I think too many people in our government were just too sk-sk-sk-skeerd of losing their own personal investments and thats why they voted "yes" the second time around. In order to "buy" some time. But thats just my opinion. It was Katie Couric that made the statement "Congress has failed to pass the bail out bill." after the first vote made was "no." Thats her opinion. Obviously she had a lot to lose.)
Anyway here are some places where materials for building such things as a "swamp" cooler are available.
http://www.grainger.com/Grainger/items/6ML04
http://www.farmtek.com/farm/supplies/prod1;ft1_cooling_exhaust_fans-ft1_aquacool_evaporative_cooling_2;pg109009.html
I've seen "firsthand" those type of coolers used in large hog house operations pulling cool water from deep wells. A cool creek might be a good source too. Of course they work best in areas were relative humidity is low, like 40%.
Browse around the FarmTek store though. You might find something thats more to your liking.
I do not know, maybe some stuff you might find interesting.
http://www.engineeringtoolbox.com/fluids-evaporation-latent-heat-d_147.html
