A lot of things are overprices now days, but you can still buy good pocket knives like Gerber and Schrade at a reasonable price. My Gerber model isn't made any more but the Schrade I carry is under $ 25.00. Mine is over 25 years old and still in good shape.
Your Schrade was made in the USA, a few years ago Schrade manufacture was moved to China. A lot of Gerber knives are also made there IRRC
Buck moved manufacture to China and slumping sales and customer complaints got it moved back here. Notice on Buck packaging there is an American flag on the knives being made in the USA, those without it are China made.