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Good, clean, cheap. Which two do you want? Self defense and law enforcement loads are usually clean and good. I have some Winchester Ranger Q4355 (FBI contract overrun) that is quite clean and accurate, but it's not usually cheap or commonly available. The Q4369 is probably the same load.
http://www.sgammo.com/product/winchester/50-rds-40-cal-180-grain-bonded-hollow-point-winchester-q4369-ammo I have read that it was made from leftover components from the production of Q4355. Supposedly, both of these are equivalent to Winchester's PDX1 round which is usually around $1 each, except they have nickel plated cases, where the gov't stuff is brass. I have read that this is so because the case mouth sealant required by the gov't doesn't adhere to nickel.
I also have some of the Federal HST (XM40HC, also from a gov't contract overrun), obtained from the same place, but haven't fired any yet. I expect it to be clean as well. I have fired some of the Federal EFMJ 165 grain. It is clean and accurate. SGammo is out of this now, and I plan on saving it for my P-40, as a defense load. The closest thing Federal sells to civilians is the "Guard Dog" home defense load, but it is $1.25/round, and is only 135 grain.
Even though I paid about the same as range fodder for these, I still don't just go blasting with them since they will likely be expensive to replace. Unlike the Winchester, I don't think the Federal HST has a civilian equivalent. Even if they did, it would also probably be at least a buck a round.
Another commercial load worth trying is PMC eRange. I have shot it in 9 mm (124 grain) and paid about $12-13/50. It is clean and quite accurate, but I would still clean the gun after using it since the primer residue contains potash, which is a chemical base, and might contribute to corrosion in a humid environment. As far as the black, sooty mess is concerned, this load is pretty clean.
I keep thinking about starting to reload, and have been saving my brass, but don't think I will end up saving that much money. However, I do think I could load better ammo for about the same price I pay for commercial range fodder. Choosing the right powders and primers should allow me to make a good clean load.
buzzsaw
