Yep. Typical landscape crew rolls with $50k in equipment (maybe more). People push back on tooling pricing in other industries (especially when the tooling is "soft') but have no clue what that the cost of doing biz is huge for others.
You're pretty lucky if the specialised tools for your profession cost <$2,000/y to replace and maintain. Sometimes tools last many years but cost an order of magnitude more anyways. Sometimes tools require expensive maintenance after purchase. Sometimes they are obsolete in a short number of years. Sometimes they were out quickly with use. Sometimes (often) a mix of the above.
Regardless the reasons, any tooling in the ~$5,000/~3 year ballpark is not at all a high or unique number for a profession.
In many professions, $5000 for tools is almost nothing.