Hokay. 1 Predator = 12mil/27 flight hours. Subtract 3 hrs for takeoff/landing and getting on station for 24 hrs, so you get 2 hrs aloft/ 1 million = 500k/hr.
1 Cessna = 200k (or so).
No brainer, right? Wrong:
A Cessna has a range of (guessing) 1000km for about 5 hours aloft/fuel tank. Count the takeoff, etc, and now you're down to 2-3 hrs aloft. So that's 50k /hr. So if you want 24 hours of coverage, you need at least three Cessnas to overlap, so now you're up to 150k /hr. If you want to have the same service ceiling as the Predator, each plane probably will cost 500k for something beefier, so you've more than doubled the cost, and your 150k/hr for three planes turns into ~400k/hr.
This is already close to a Predator B.
Now let's add the fact that the Predator has a 3000lb optical surveillance package already built in. You're Cessna carries 4-6 passengers, depending on whether you've bought the 200k one of the 500k one, which is only (let's be generous) 1000lb of payload, not counting the pilot. And the you actually have to buy flight qualified surveillence equipment that you can bolt to the bottom/side of your plane without hosing its flight performance.
Big optics are expensive. Infrared and night vision cameras are more expensive. Going from my own experience, a package like the one on a Predator B, even if you bought all the parts and built it yourself, can easily run upwards of 150k per plane, not including integration costs. And you need to pay for three of them (one per plane). So if you've paid 200k for the plane, you're up to 350k, and if you've paid 400k, your up to 550k for two flight hours.
That's more expensive than a small manned airplane.