On the other hand, I recently started doing the other kind of magic with cards. That sounds really cheap, all you need is a $5 deck of Bicycle cards, some YouTube tutorials, and you're all set. Turns out, that can be a money sink as well if you decide to go deep (or wide) enough. Still far less than MTG though.
There are endless ways to play magic cheaply. Starter decks, pauper as a format, online. I could make a dandan deck for Magic less than one trick on theory11