May as well give gimp a try, its free! See if it meets your needs for now... I started out using Gimp, and don't have any regrets... It actually allowed me to wait out a version or two of Photoshop until I started wanting some of the things that were missing. (I use Elements, BTW... Version 5.0 is under $100... can be found even cheaper on ebay if you're brave.) I still use the gimp from time to time, and always install it on new machines for friends and family.
Raw conversion is best done elsewhere, however, using DPP or other option.
Until end of April, Lightroom is much cheaper than Aperture ($199... discount code floating around brings it down to $170.) However, it doesn't do layers, selective editing, and plugins like Photoshop, Elements, or Gimp will... everyone that uses Lightroom still uses one of these types of applications to do those types of things.