I've owned both ends of a HiFi budget, Nothing beyond Pass, Esoteric, B&W, PS Audio... And I can assure you, hi quality HiFi can be had for a bargain if you do your homework. The 'cheapest' isn't necessarily a bargain in the long run.
Here is an example. The Roon Nucleus, a very popular server, runs around $1400 USD. I purchased a preowned i7 NUC, 3.4 Ghz quad processor... Blah, blah for $120 on eBay. You can do the same for DAC's, Amp's, Transports...
The flip side is pride of ownership. I remember a fellow right here many years ago was school teacher (low pay scale). He had cobbled together his system over three decades and always wanted an ARC preamp. He finally purchased one. He said thats the reason I drive a 20 year old Lexus lol...