I agree with you though I'd state the cheapest upfront option. They tend to cost more in the long run. See Terry Pratchett's boot theory: https://en.m.wikipedia.org/wiki/Boots_theory
The problem with this theory is that the $50 boot manufacturers sell out to private equity when the founder wants to retire and then the PE firm jacks up the price to $75 and drops the quality below the $10 cardboard boots... so you're out even more money to have wet feet.