Just test leads, plugs, clips and adapters gets surprisingly expensive. It's easy to spend $100 on that stuff without going over board. A good quality RG58C/U cable with BNC connectors may cost $10 each. Decent hardware like tees, terminators and elbows might cost a few bucks each. Banana leads cost a few bucks each, and you need several in different lengths. Banana clips, grabber hooks and SMD grabbers each cost at least a few USD each.
This also highly depends on what you do. For example someone into RF will need a much wider range of coaxial cables, connectors and adapters. Someone in power electronics might want heavy duty alligator clips, while these are pretty much useless for tiny low power analog designs (how am I supposed to clip these to my SOIC op-amp?).
As with other equipment, I would start with the basics and see what you use most. Some of the basics:
- 1-2x 50 ohm RG-58C/U cable with BNC connectors, 3-6 ft.
- BNC tees, a 50 ohm terminator, female-female couplers.
- BNC to alligator or mini grabber hook leads
- Jumper leads with banana jacks on both sides in a few colors
- Jumper leads with alligator clips or minigrabbers on each side. Note that the cheap ones have terrible current handling ability.
- BNC to banana jack/plug converters, I like the female BNC to male banana and male BNC to binding posts kind.
- alligator clips with banana jacks or banana plug to alligator clip leads
- mini grabber hooks with banana jacks or banana plug to alligator clip leads (I prefer these to alligator clips for PCB work)
I tend to buy quality hardware from companies like Pomona, HCK or Hirschmann. Franky (iloveelectronics) also offers some of this stuff in decent quality.
Another perspective on the what you need in a home lab is
this document by Jim Williams. It was written almost twenty years ago, but some of it is still relevant.