Yeah, depending on the route you go.

I shot for England an Great Britian under 18's recurve. The bow, stabilisers, sight etc was about £1200 and the arrows were about £13 each! Though beginners stuff is a lot less (you used to be able to get going for about £200 - £300.

Good thing is once youve got the basics of the technique its more practice than anything to impove.

Steve