Disco Bob: Your choice of .45 Colt for both rifle and revolver is a good one. Particularly if you want to eventually get into cowboy action shooting(which seems to be your direction?). One major advantage of going to the .45 over say, .357 is that it also allows you to participate in Wild Bunch competition(A branch sport of cowboy action. Based on the movie: "The Wild Bunch"). So....it's a versatile caliber.
As you are already aware, it will cost you more to reload/shoot the big Colt round, versus .357. That's just something a shooter can expect. Of course, that cost can be mitigated to some degree, by buying your reloading components in bulk. Unfortunately, once-fired cases for .45 Colt are not as easily sourced as .38/.357.....so you won't save a lot that way. But, if you start out with a quantity of high-quality brass like Starline(Top choice for many competitive shooters)...the savings resulting from the long service life of this brass, should help.
The differences between .45 Colt/45-70 have been pretty well described already. About all I will add here is that, though both are .45 caliber...nominal bullet diameters are different. For example: .45-Colt: .452"-.454". 45-70: .457"-.459". Neither is interchangeable with the other. Something to consider, when you are buying bullets or other components, for reloading.
Likewise primers: .45Colt: Large pistol primer. 45-70: Large rifle primer. So... be aware of the differences, and you should be okay. As for brass....you won't have any problem figuring out which one is which. The differences will be pretty obvious. Cases for .45-70, for example, are quite a bit larger than those used in the Colt.
The Uberti 1873 rifle is an excellent choice(Is that the one you like?), for both target and competitive shooting. Especially cowboy action. Uberti rifles are currently heavily favoured in the sport. Uberti rifles are also very well built. Simple to operate and maintain. As well as accurate and reliable. Plus: enjoy broad availability of both factory and aftermarket parts. You will be well served, with one of these rifles. Uberti revolvers are also good, too.
While you're revolver shopping, be sure to check out those built by Pietta, too. In my opinion(based on fairly extensive use of both brands)...build quality, shootability and reliability of these revolvers equal that of the Uberti. Perhaps better, in some respects.
Why?....Pietta revolvers(for the most part) tend to be much closer to original Colt revolvers...especially internally. Which makes them very simple to maintain. Also, they tend to be much smoother to operate, right out of the box. Pietta revolvers are also less expensive than their Uberti counterparts. Factory and aftermarket parts are also as readily available, as Uberti. Something to consider.
Anyway...hope some of this is useful.
Enjoy!
Al