Yes!
My skis are from High School. So are my boots. The metal hooks rusted off my boots this year, so lacing them requires serious creativity. But my costs in 15 years have been zero- my original skis came from Santa ;)
Seriously, though, we used to live in Mpls, and I skied all the time. Now in central Ohio, we don't get as much snow, and it doesn't stick around, so I only use them a few times a year. I miss it. Best winter exercise.