Well, yes. It's literally one of the most commonly cited examples of privilege. Vimes' Boots Theory. A person who can afford to spend £100 on boots that last 5 years spends less than a person who spends £30 on boots that last 1 year.
(A common misunderstanding being that the more expensive purchase is someone being "wise", when instead the person buying £30 boots didn't have the privilege to purchase £100 boots)