I never try to buy the "cheapest" anything - life is too short to put up with the BS that almost always results.
I try to buy the least expensive item that I know will provide a high level of quality and reliability and not cause me problems or headaches. That is what I refer to as the best value. Sometimes, but not often, this is also the cheapest item. Sometimes, but not often, this is the most expensive item. Usually it is somewhere in between.