Mary -- as I understand the "rules" (spoken lightly) only fabric counts. At least that's how I interpret things.
This week is the annual quilt show here in Abilene, so I will probably take an early birthday exemption (really early) as they always have a sale table with fabulous deals. Last year I snagged a whole set of X-Blocks for $10.00 and several pieces of fabric that were about $1.00 a yard. I've decided my $$ limit is $30.00 for the show, so won't go overboard.