Archery ($25,000 a year)How much can a bow and arrow cost? After all, it was the choice weapon of Robin Hood, guardian of the poor. But today, archery can set competitors back $2,000 in equipment costs. An Olympian archer typically trains by shooting 250 shots a day, six days a week, according to Forbes, and shooting range fees can cost about $10 per hour, while coaching fees range from $40-$100 an hour. On top of that, traveling to regional competitions can cost $3,000 each trip.