There is nothing wrong with 1095 High Carbon Steel. If properly heat treated and tempered, it will serve you just as well as the fancier stainless steels. With most of the knives I have made, I used ATS-34 and good quality 440C.
I have a couple of 1095's I made that hold an edge just about as well as those. Also, I like the aged tarnish look of the 1095 HC Steel. No rust, just charactered tarnish.
But, speaking of price, the same amount of labor goes into making a knive with 1095 as it does with most of the other stainless tool steels, which means, other than the cost of the raw material, cost is the same.