I'm willing to bet that I can do this for less than US$10. There's more than one way to send a cat to Saturn
The trick I came up with uses two adapters that are VERY inexpensive.
HDMI, electrically, can be made to use the same protocol as DVI-D. I don't know if that's its native protocol, but that's one of the options -- in other words, it can emulate (non-technical: act the same as without actually being) DVI-D. An HDMI->DVI-D adapter costs me about US$5-7 (depending on where I get it and how generous I feel like being to Corporate America). But, I hear you say, that doesn't get me analog VGA. Strictly speaking, you're right. DVI-D is the purely digital part of it. Now go out and get yourself another adapter. Specifically, one for DVI-D->VGA. Cost? US$2-5 (again, depending on source and wallet-generosity).
Of course, you need to be careful with your adapter selection, because a plain DVI->VGA or a DVI-A->VGA adapter will waste your money by looking for a set of four pins (the ones put with that cross-shaped thing) that the HDMI->DVI-D converter, by nature cannot give you. So they won't work, and chances are, won't even fit.
You know why I thought of this? Simply put: I'm poor. I'm used to "duct tape solutions" that just barely work well enough to get the job done. Being unemployed, I've got plenty of time to futz with it if it decides to stop working tomorrow. "Jerry-rigging" is a very useful skill in this day and age
and I'm dern good at it when I need to be. I'm not the smartest cookie in the bag, and I know it well -- but I also know that, no matter how I might feel at any given time, I'm not the dumbest, either.