I use Galco Fletch OWB holsters for my 1911 and my Glock 22. It's a well made leather holster that holds the gun high and tight to the body.
I've got a couple of bud's that also use the Galco Cop 3 Slot holster for their larger autos and they really like that rig.
Overall, as the post above pointed out, there are lots of good holsters on the market that will come in below your price point.
I'm guessing this might be your first good holster so I'm also guessing that you don't have a good stout belt. If you plan on carrying, regardless of what holster you get, you will need a good leather gun belt. The belt in my opinion is more important than the holster.