12-15 seats per row * 2 rows * 2 people per seat = 48-60 seat belts per bus. Does $150-250 per seatbelt seem that unreasonable to you?
No, I dont think each seat belt would need to cost 150-250 bucks especially when these are installed in bulk contracts.
This is pure speculation of course and, as you've said, only distracts from the real point. Whatever the cost, adding seat belts would probably only make things worse.