I think you can spend as much as $300.00 to $600.00 on a complete set-up.It realy depends on what you want,just a word of caution,cheaper is not always better.I would suggest going to a local shop and SHOP around until you find the bow and set up that YOU like and shoots good for YOU.Sometimes what works for me or someone else isn't what your going to like.Most of all,get a bow that fits you(a good archery shop can help here)and a bow that your going to enjoy shooting,after all,your going to have some serious practicing to do when you get it all set up.I would recomend the Reflex line of bows for price and quility,but what ever you find for yourself thats what everyone wants.Good luck.