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If we use the current (2014) median price of a new home in the U.S. of about $260,000., the cost of adding AFCI to a home circuit is less than two ten-thousandths of the cost of the home. (An AFCI costs 0.00016 x median value of a home in the U.S.).
Since I'm now on my fourth install of a mini-split heat-pump system, I can shed some light on the issue. My last contractor did a triple-zone Fujitsu 24K install. The unit would have cost me about $3500 online, with a state discount of $600. know the retail and wholesale pricing for the equipment. For example, one unit we were considering, just a single split unit (1:1), was $1500 wholesale, $2200 retail. The installed cost for this unit is being quoted at $4500. I can certainly appreciate that the burdened cost of labor is around $100/hr.