To purchase one new it's the price of a decent gun or a good scope. So I'd say it is a rather large investment IMHO.
However that's not the elitist part;
To suggest that a new shooter is not welcome within the ranks of fellow shooters because they are unable or just unwilling to make that outlay is very unwelcoming to say the least. I just don't think someone should be discouraged from participating because the don't have a piece of kit that is not essential in the first place. Although useful, not required. It's like telling me that my balance scale is judged unworthy because they now sell digital ones now.