The Archer I rented for training was $60/hr dry, and used about $30 of fuel an hour (at the $3.84/gal it was when I trained...) and less doing patternwork, so it was pretty in line with the numbers in the OP. During the two years I flew it, it only had one mx-related failure, which was the gasket/seal on the fuel cap. There are some small-town airports renting awesome, reliable planes for crazy-low prices.