Whoo boy, this is a potentially loaded thread, but I'll give it a go...
Like most things in the world, you get what you pay for.
Higher priced monoblocks will probably have unique circuitry that enables them to perform better than a less expensive model. Add to that, better power supplies and related parts. Don't forget about isolation.
This is just a gloss over what separates the less expensive from the more expensive- I have no doubt others will chime in with better responses.
I would add that all this depends upon whether your other equipment is capable of resolving the audio signal to be able to distinguish between the two.
B