There are a variety of opinions on this topic because money is money. Personally, I do not care for cheap humidors made overseas by machines. They may look nice but they are crap, and by crap I mean there is no seal and over time it's just a pain to maintain cigars well.
My family has eight humidors. Six of them are hand made by Michael Dixon from Maryland. He's an amazing woodworker. Yes, his humidors are more expensive than a machine made humidor. But, for me and my family the pros greatly outweigh the cons.
Quality humidors have better seals to maintain the RH. You don't need to maintain the cigars as much. In all our quality humidors they are refilled about once a month (maybe twice depending on if they are open often). They look better. They are heavy. They have a lifetime warranty (anything goes wrong we can send it back to the maker and it's fixed for free - anytime). Of course they cost more. However, cost is relative if you take into consideration the time/energy/cost of maintaining cigars more often or having cigars lost due to humidor issues. These humidors will be around for decades.
Cheap humidors work 100% fine, however typically they require more maintenance and can have build issues over time. We have two cheap machine made humidors and they require refilling every single week, the hinges squeak, etc. The seals are bad, the wood is very thin and overall it's just a cheap product. However, many people don't care or have an issue with maintaining a humidor each week.
Overall, the purchase of a quality humidor over a cheap humidor depends on the person. It's the same as asking a golfer why buy a set of irons for $800 when you can buy a cheaper set for $300.