Sometimes the perception of value is just that, perception. In reality the price someone pays for an object is relative to their perceived value of that object. Some people are perfectly content is to spend a fortune on a quality steak at a nice restaurant, whereas others find it wasteful to spend too much on eating out when they can make it at home themselves.
Check out this infographic below that Ladbrokes Games created and you will see a list of items and their corresponding purchase price. Can you tell which items were worth the price, and which ones were grossly overvalued? The perceived value of that hamburger seems to be much too high, until we look below and find that a solid gold toothpick accompanies it, now it seems to be a fitting price. On the other end of the spectrum we have an outrageous amount paid for a dog, which might have been worth it to the inevitable owner, however it financially does not make sense.
So tell me, can you spot a good deal?