What about this. On Saturday, I bought a pair of 'summer' shoes, for very casual wear, in a Sale. They had brogue leather tops and EVO wedge soles. They were reduced to £24. I wore them for the whole of Sunday (uncharacteristically, we had sun). They were comfortable all day and my guess is that I could have worn them all week. The pair of £200 Loake's brogues that I bought 7 weeks ago are still crucifying my feet. I have e-mailed Loake's for some suggestions.
As I have suggested on here, in another post, it is likely that not that many people look at our shoes - we wear them because we like quality and the way that they look. However, we probably imagine that other people look at our shoes and admire them. If all this is the case, there is surely an argument for utility. My £24 shoes, probably hated by most people on here (just from the description and even more because of the price), are comfortable, pleasant to look at and also 'invisible' to most other people. In terms of utility, they do their job. I suggest that it is possible to live with both 'nice' shoes and with cheap ones. Perhaps we all do this, but I bet we don't!