I guess price depends on your conncetions...
I've spent so far around $450 on tools, but (for example) i've got a project going right now that will have a total of $58 of wood in it (its not cheap wood, just inexpensive) plus some hardware (frets/inlays/bridge) and then i bought a BUNCH of stuff off a guy for about $5 a part (a pickup, set of tuners) and another $30 pickup. Total the project will only cost me about $100
EDIT: I forgot to counter myself
ON The other hand...I also have a project in the works where the woods alone are around $350 ($150 for the neck alone) and some nice hardware which will total around $600
I've also got a project going where the woods are only going to cost around $100 but the parts will be over $600 (Bigsby Vibrato Tailpiece $170 TOM $80-ish BurstBucker Pro Pickups $260/set, Tuners $90, plus pearl block inlays, binding & truss rod). Total cost around $750.
It varies....