Holy cow. I'm from california, but even where I'm from I can't imagine it being that high. Must be a San Francisco thing lol. I mean, afterall, for what you can get a studio for, I can get a mansion.
So there's bound to be a price difference for reef gear especially livestock.
I have $500 maaaaybe invested in my LED/PC 29g BioCube with 60 pound+ live rock. That is also including all gear and live stock including a 55w Orbit LED with remote control.
Heck, I've got a fully stocked 36.25x24x13 tank with around 80-100 pounds of live rock and 40+ pounds of live sand (probably more). I've got over 40 types of coral in the tank and 9 fish. 35 or so hermits, 12 turbos, 5 misc purchased snails, 6 nar snails, 4 emerald crabs, CBB shrimp, christmas tree worm, 3 large F.D., and I've got maybe $3,000 into it. Probably closer to $2,000. I'll have to tally all my receipts for it.
The tank is 6 months old, so I didn't just buy small frags, either.
Here's a quick pic: