Assuming I don't have to pay for the guns . . . . . not very much at all
I get one NC out of state license every other year (they are calendar date annual, so this year I will hunt there next week - last year I hunted there the week before Thanksgiving). Its $120 for the license and big game tag, but split it and say its $60 each year. I do a lot of work there, and so my trips down are all work related. While there, I have access to a gorgeous piece of property in Samson County which is quality deer managed and they want me to shoot as many does as possible (and let me take 8 point and above bucks). But, I also do turkey hunting down there in the spring (got 2 last spring) and shoot some quail as well, and so we need to portion off a part of the license for that. So lets say it works out to $30 a year for the deer part. Land access costs nothing, and travel doesn't cost me anything either. Ammo is cheap. I shoot a .280and roll my own for about .30 cents a round. I process my own deer.
I usually kill 5-6 deer a year there (I'm planning on taking 4 next week). Assume I get 60 pounds of meat, dressed, per deer that comes out to:
$30 (value of deer portion of license)
+ $1.20 (4 rounds of ammo)
divided by
240 lbs of meat
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.13 cents a pound.
In Virginia, it costs me $36 for my total license ($9 for the hunting license (its actually $18, but again I hunt other things, so I figure 1/2 goes to deer), $18 for big game (but I also get bear and turkey)).
Last year I shot 8 deer in Virginia. Because of a medical emergency (my mother in law fell and broke her collarbone and hip) I had to bring one deer to the butcher. That cost me $125 (never never never again - not only was it expensive, but I do a better job). I have land to hunt on for free (friends).
For the butchered deer (which was shot with a rifle)
$3.37 (hunting license value)
.60 cents (bullets, I missed a deer earlier that day)
$125 (processing)
Divided by
60 lbs of meat
----------------
$2.15 a pound
The other 7 deer
$23.63 (value of the license)
$2.10 (bullets)
DIVIDED BY
420 lbs of meat
-----------------
.06 cents a pound.
Now, of course, we don't consume that much venison in my house. Most of this we gave away. Some of it I give to hunters for the hungray and some to friends. - I just gave a buddy of mine 40 lbs of venison that was still in my freezer. But I still factor it all the same. And while I don't include my time (it takes time to butcher the deer) I basically enjoy that and include it as part of the experience.
So, I guess the value you get depends on the number of deer your able to harvest. Here on the East Cost, its high. I'd also point out that in years past, I would get an out of state Georgia and Maryland license, but am gonna pass on those this year (though I may get an Indiana license if I end up there in December to shoot a big buck)