Nick,
Welcome to the site. I did a quick Google search and found this:
http://www.gotpropane.com/p4.html#Chevrolet. Looks like it's under $1000 USD for a converion kit minus the tank. From what I understand, LP engines get a lower MPG than Gasoline but it the per gallon cost is lower it might work out to a savings. Many of the Argosy's were smaller (<30 feet) and get better mileage than their larger 310, 325, 345, 350, 360 Airstream counterparts. Also, some early models came with the 350 from the factory. If you plan to tow anything or drive a rig larger than 20 feet I would think a 454 would be the mininum.
We have two members on this site who are planning or working on diesel conversions (Duramax). These are expensive conversions....but for someone who plans to keep their Airstream/Argosy/Motorhome for a long time 300,000+ miles it can be worth it in reduced maintenance and fuel savings.
All of this comes down to how you plan to use your motorhome. If you like the average American motorhomer....you'll only drive 5,000 mile a year (hard to believe but true). If this is the case then any conversion costs wouldn't make much sense.
If you plan to drive the wheels off of it (or keep it for years and years) then maybe it makes sense. For me, I would like to convert to diesel at when my 454 gives up the ghost. But until them I'll just pay at the pump.