It depends how many tournaments the team enters and how many higher profile tourneys. Let's say you have 15 kids on a team, every kid needs cleats, 2 pair of pants, at least 2 jerseys, batting helmet, team bag, socks, belts, hats...that price could easily be $400 x 15 = $6000, plus field practice time could be another 2K, then there are balls, registration fees for the team...easily another $1500. So you have spent $9500 (plus any paid coach fees) and haven't stepped foot on a field and a typical weekend tourney is $500+.
So, I guess if you only want to play in a hand full of tourneys then yes $1000 per year is fine...personally I would want to pay more to play more. Baseball is a business, there are sponsorships and such to alleviate the cost, but 2-3K a season is not out of the norm for a competitive Travel ball team.