In NZ, pro/team bikes would be about $NZ 6-10,000. But then you need to add the wheels... and they will be anything from $NZ 3-7,000.

For example, a zip disc is about $NZ2800, and a Sub9 about $NZ3500

A CerveloR3 (my partners road race bike) retails for about $9000. And then on top of that you still need to buy good race wheels.

I think $US25,000 is perhaps overstating the mark. But there certainly wouldn't be much change from 20k.