Johnson Murphy, I not aware of this brand but I go see the price list on the web is 250+ for dress shoes. Top up a bit can go for Edwin RTW. I bought 100+ dress shoes in shopping center during sale and in old uncle shoe shop, which are possible resole.
A quality dress shoe, the leather upper can last for decades. Resoling is not as expensive as you think. If you replace the full sole of course will be expensive, a lot of workmanship even if machine stitch. no need to replace the entire sole for many years if taken care of.
What will wear out first is either the front half sole or the heel portion depending on how you walk (gait), the material, etc. you can prolong a leather sole buy replacing with rubber sole/topy/vibram or use metal taps.
I am not rich but I know how to bargain hunt like a real cheapskate.