I owned an 1988 944T (951).
Clutch Job:
Parts is nothing compared to labor; Porsche rates the job at 21-23 hours. It's a heck of a job which involved dropping the exhaust, rear diff/trans (transaxle), torque tube, and then the bell housing. 21 hours @ $85-100/hour, you do the math.
Parts from Lindsey Racing (highly respected), $700.Timing Belt:
Same story. Probably $100-200 in parts and several hours of labor. But once you do the math on the clutch job the timing belt is a throw-in.
If you can do the labor yourself and have a long weekend to do it, that's by FAR cheaper. Having a shop do both will probably cost you north of $3000.
There is nothing more expensive than a cheap Porsche. - Anonymous