We just invested some of our tax return on local pastured beef. It's sweetened with spent brewery grains from a local brewer, and the test steaks and ground that we tried were good. We are paying just under a grand for 278# hanging weight, which will net a bit less after processing. We should still end up paying under $5 lb for good meat, and support a local farmer too.
A 7 cubic ft freezer is pretty cheap at Best Buy or your box store of choice, and holds plenty of meat.
We don't have kids, smart phones or cable, and we do make decent food a priority. Everything I eat makes up every cell of my body. How can I justify not buying or growing the best? And cost aside, factory meat just tastes nasty.