The most expensive component, the DWM3001CTR13 Ultra-WideBand module, is $37.77 in single quantities. I don't know much about about UWB, but I wonder if instead putting a BLE beacon on the tracker and using a chip supporting Bluetooth direction finding on the home station could allow the tracker to be a bit smaller and cheaper at the cost of some localization performance for the indoor mode (actually I just saw someone already brought this up in the project Slack).
This isn't including the Home Station part which doesn't seem fully documented yet.It looks like there is more discussion on the project Slack.