Ah, sorry.. an EF-16 w/ full upgrades is pretty cheap really.. a few hundred... That is one of the coolest things about the R/C hobby, fun can be had at all level sof investment.. I have aircraft that I have a couple hundred in, all the way to an F/A-18 Turbine, with close to 10 grand in that one.. a few hundred for the EF-16 is assuming a pretty basic radio, if you were planning to do anything more than a plane or 2, you would want a higher end radio.
If you are talking JUST the aircraft, without a radio.. id say 200-250 would get you there. (with upgraded equipment) be well under 200 with the standard equipment.