No cooler at all.
Insulation just slows the transfer of heat to cold. Which saves on the cost of conditioning the space.
There are online calculators to find the savings.
Bill
Insulation won't make your
average temperature any less, but it will effect your
current temperature. The outside temp has a fluctuation during the day that may range between 65° and 95°. The average temp would then be 80°. Insulation moves your indoor temp from the 65°/95° sine wave towards a 80° flat line. More insulation = flatter curve. So insulation does make it colder, but only for ~50% of the day.
With perfect insulation, you are now at a constant 80° in the shop. There are two ways to bring that down. The first is air conditioning. The second is to open your shop at night, let the cold air in, and then close the doors and windows as soon as the outside and inside air temps are the same.
This is an oversimplified example. There's more going on (radiation heating of exterior surfaces, cooling from the floor...), but this is the gist of what insulation does.