This article by Jack Otter in SmartMoney magazine recounts a first bonefish trip, to the Seychelles islands in the Indian ocean no less. Quoting the article, "'The bonefish in the Seychelles are less expensive than in the Bahamas,' says Chris Ponçon, one of the founders of fly-fishing on the tiny Seychelles island of Alphonse." Does that estimation include the $1700 airfare and the $4790 double-occupancy weekly rate, I wonder?
For comparison, here's an Angling Report's subscriber article on their experience.
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