i added up all the costs to play in a near by state tournament and it was over 110 bucks like i want to shell out all those green backs just to loose to some little kid what do i look like a millionare. try and find someone to cash an out of state third party check i dare you.
Yup, tournaments are expensive. The few I've gone to have cost me around $500-$800/event because I have to travel a few hours, pay hotel costs and of course the related travel expenses like gas, meals, plus entry fee (which is usually $100-$250 depending on how big the event is).
That is one of the bonuses to living closer to a big cities, cheaper to play in tournaments, more local options, more likely have local chess clubs to play rated players and the likes.
How many rounds would the tournament be that your speaking of? If its 5+ rounds I'd consider that a pretty good deal, even without a good prize fund.
Drink the kool-aid!