Packs is another area that can be pretty cheap (goodwill or Wal-Mart pack for a few bucks) vs as much as you want to spend. I paid $125 for my Maxpedition Kodiak and that was a great price. A Duluth pack is what, close to $500?

Ditto for tents & shelters. You can spend $9 for a survival tube tent, $30 for a small two man on Amazon.com or simply buy a tarp. Or you can spend $600 or more on a VE-25 tent.

Without getting too deep into knives, there's quite a gulf between a $12 Mora and a $650 Busse. I'm a bit of a knife geek, although the only $300 knives I've ever had were kitchen knives. To me $125 isn't really all that bad for a good camping/bushcrafting blade. Although, to be honest, I'd hate to be without my $22 Mora Triflex.

Flashlights is one more area where gear fetishists can spend a lot of coin. I'm a big fan of lights; my collection ranges from $.50 near-disposable keychain LED's at the low end to my $139 SureFire E1B Backup at the high end. In between I have a number of good ones. Do you need to have a SureFire? Almost certainly not, but I'll never part with mine!