Chris -
Sorry to be contrary, but I think that, with the aid of the internet, golf equipment has never been more affordable than it is today.
I will grant you that buying the current state-of-the-art, top-of -the-line stuff is indeed pricey. But anyone looking at "last year's models," either on e-bay or various websites devoted to liquidating golf equipment, can find remarkable values, even in new equipment.
I can giive you examples if you wish, but I can assure you there are many remarkable values (drivers under $150, a set of irons under $250, golf balls under $10 a dozen, etc.) out there.
DT