My boots cost me a bit of money, probably just under 100 dollars, but they're built for what I need them for - travel in wet weather. Those lovely little things got me across Scotland, England, Wales, and France last year, and I was always warm, dry, and comfortable. Some cute Parisian even said they were quite stylish.
My regular shoes for wearing in dry weather here at home are cheap, though. I have decent runners that were probably about fifteen bucks.