Depends on what the table settings are made of. If all you want is to have it look formal and posh and don't care much about actual quality then you could set something up that fairly cheaply actually. Just got o IKEA, and 2nd hand stores to get really cheap utensils and dinner ware. On the other hand if it's all fine China and real silver then yeah you need some money.
As for our own setup the forks and knifes are actually a cheap silverware set we got a long time back as gifts from my grandparents. There is nothing fancy about the dishes there either.