2002 Sirrus A1
$0 drop bars from my old Windsor
$35 shorter stem
$20 Tektro v-brake levers for drop bars
$25 SunTour Command shifters, later changed to $10 modified (so they would work on drop bars) Shimano triggers, them most recently a Command shifter for the FD and a trigger for the RD (see below)
Let's call that $100, with cables and bar tape.
Later, I put fenders on it it, and had to switch the FD from a Shimano MTB model to a Sora, so that the fenders would fit. That meant I couldn't use the modified trigger shifter for the the FD anymore, so I went back to using a Command shifter for it. So adding fenders was:
$40 for the denders
$5 for the FD
$0 shifter
But that doesn't count as part of the drop conversion, really.