An exception is an active hydrogen maser, which directly outputs the frequency of atomic transition. It has very good phase noise, but is a rare beast, which is only used where it is absolutely necessary.
So we are talking about a reasonably high stability crystal to begin with, and a very narrow adjustment range. In an atomic clock, the feedback loop uses the electronic frequency adjustment to more or less completely remove the aging. This requires a very tiny and a rather slow acting feedback.
In the atomic clock, the output of the crystal is used as a reference for a microwave sweep generator, which then scans the spectrum of atomic transitions. The absorption peak in a cesium clock is something like a kiloherz wide, but with a good signal to noise ratio and with a lot of averaging, one can measure the position of the peak to a very tiny fraction of its width. Comparing the measured and the expected positions reveals the deviation of the reference frequency from its design value, and that is what generates the tuning feedback for the crystal. I do not know off the top of my head how slow the feedback is exactly -- it is something that one could look up in the Hewlett-Packard service manual, but I am sure it is slow enough to be irrelevant for the cycle-per-cycle jitter.
So while making an oscillator steerable inevitably increases its phase noise slightly, the increase is either ignorable in practice or cancelled by the control loop itself.
Optical clocks are much more expensive than microwave clocks, because they need an optical frequency comb, which is a special kind of pulsed oscillator with a laser, to divide the optical frequency down to a frequency in the hundreds of MHz range, where you can use digital counters to measure time and frequency.
For a microwave clock, currently only 4 options are widespread, active or passive hydrogen masers, cesium clocks, rubidium clocks and clocks with mercury ions.
Clocks with trapped mercury ions, which can steer the frequency of an oscillator that provides a 40 GHz signal (typically after a frequency multiplication) are the most compact and reliable, but few hobbyists would succeed to build one. There are research articles that describe prototypes of such mercury clocks intended for use in satellites, which show how one could be made.
There is no option to make something cheaper than a commercial miniature rubidium frequency standard, unless you do some successful research and discover a completely new method.
Nonetheless, high-quality OCXO (oven-controlled quartz oscillators) are cheaper than rubidium clocks, and if used correctly they can be more accurate than miniature rubidium or cesium clocks.
For short time intervals, the rubidium clocks and the cesium clocks are no better than the quartz oscillators included in them, which are likely to be worse than a high-quality separate OCXO.
For times longer than a day the miniature rubidium and cesium clocks will have a lower drift, but you can achieve better than them if you compare periodically your OCXO clocks with good NTP servers and you create a model of your OCXO, measuring its aging rate and possibly also the influence of the ambient temperature.
After you accumulate enough statistics to characterize well your OCXO, even without Internet access you could maintain with it a more accurate clock and frequency standard than with a miniature rubidium or cesium clock.
This means that you would use a program to transform the accumulated ticks from the OCXO into time, taking into account the variation of its frequency with time and ambient temperature, modeled with low-order polynomials. Even using just linear dependencies would remove most of the OCXO error. Similarly, if you use it as a frequency standard, you would use a program to compute the current frequency, based on the current time and the current ambient temperature.
Already a rubidium vapor cell costs about two thirds of the cost of a commercial Rb clock.
Lasers, on the other hand, have to be frequency-stabilized for use in high-quality Rb clocks. Every time someone has tried to use an unstabilized laser to replace an Rb lamp, the results have been worse in one way or another.
Usually stabilization involves a separate loop with an Rb gas cell. A bit of an oversimplification if you count miniaturized Rb standards based on VCSELs, but those are at the very bottom end of the performance spectrum to begin with. As adrian_b suggests, the best crystal oscillators are superior in many respects to the worst rubidium standards.
So a good laser-based standard will never be more economical than a lamp-based standard unless someone finds a way to run the laser open-loop. AFAIK that hasn't happened yet, at least not with something I can order off the shelf from Edmund or Thor Labs.
OCXOs are the "in between TCXO for both price and phase noise" - really good, specifically-cut OCXOs beat Rubidium in phase noise.
Nonetheless, the amount used in the clock is extremely small, so it does not influence much the cost, which is determined by a much more expensive set of lasers and optical components.
Lutetium 176 is very rare because chemical elements with an odd number of protons normally do not have isotopes with an even atomic mass, because those are unstable vs. beta decay.
Lutetium 176 is also radioactive, but its half-life time happens to be long enough so that a small amount of it has survived since the formation of the Solar System, like it also happened with the radioactive potassium 40 that is contained in the bodies of all living beings, which is another one of the 5 radioactive isotopes with even atomic mass of chemical elements with an odd atomic number (the others are vanadium 50, tantalum 180 and lanthanum 138).
Optical atomic clocks at the 10^-19 level are so precise they can detect the slowing of time caused by gravity over height differences of millimeters.
I’ve often wondered if a hobby-class atomic clock can be built with “a less accurate gas” that is easy to excite and measure in a feedback loop simply because it’s available in a handy package that lends itself for experimentation without having to mess with melting glass and bottles of pressurised gas. E.g. neon, nitrogen or mercury vapour.
The reason I’m asking is because in RF we often need a stable reference, and these come in a clear $ for phase noise relationship: RC, LC, xtal, TCXO, GPSDO, YIG, Rubidium, …
Price-wise, all atomic clocks come after Rubidium. But would it be possible to build an atomic clock that sits between TCXO and Rb both for price and phase noise, by employing a non-exotic gas in a readily available lamp?