I was thinking about the liquid fertilizer and looked at a bottle of it yesterday. It was also 20-20-20. It said that one gallon was good for 1,000 sq ft. At $40 for 2 1/2 gallons, I realized real quick that it was way too expensive for me. I've heard, but can't state this as a fact, that the liquid fertilizers don't last as long in the soil as the granular fertilizer does. If it was cheaper, I would add it to my mix while spraying my weeds, but that isn't going to happen.
A 50 pound sack of 13-13-13 is $16 and good for 5,000 sq ft. The math is pretty simple and there isn't any comparing the two price wise. I needed more K in my mix, so I bought a sack of 0-0-62 for $50 and added a scoop of it with every sack of 13-13-13 that I spread. I'm sure it's not exact, but I'm thinking it's close enough.
I use a plastic tow behind spreader that I bought from Northern Tool about five years ago. It's made by Agri Fab and not the best of quality. I had to red to the gear/axle alignment to get it to work right, but for what I do and how often I use it, it's OK.
How big of an area are you fertilizing? Did you do a soil test to see what you need? There are all sorts of variations to what you can buy. Most of them are very high in N, which gives you the green color to your grass, but doesn't do much for the overall health if you are low in P or K.
The ratings on the sack are the percentage of N - P - K in that sack. 13-13-13 is thirteen percent of each in that sack.
Eddie