Unless you have someone who does a decent job at a lower than average cost altering waists, shortening sleeves and hemming will tack on another $50 to $75.
Ps I will echo some of the posters above. You get what you pay for.
I bought a couple last year. I am not a suit snob but these are okay for occasional wear for someone who doesn't generally wear suits or in a light rotation as part of your "stable" if wearing suits every work day.