You probably don’t wear a suit every day, so why drop more cash on one than you need to? Advancements in mechanized weaving allow designers to offer affordable wool suits under $500 without sacrificing quality or style. Sure, buying off-the-rack can be frustrating, but a good tailor can modify any garment to fit your frame at a fraction of the price you would pay at a bespoke haberdashery. And if you do need a suit every day of the workweek, consider stocking up on the following suits under $500 and finding a tailor who knows a thing or two about suits besides fixing buttons.
Ralph Lauren Cost: $495
A wool two-button suit in charcoal is the very definition of classic gentlemanly style, and this number by Ralph Lauren delivers with a slightly wider notch lapel. Choosing this style in charcoal allows you to wear this suit all year round with the ability to dress it up with a white shirt and a solid blue or purple tie. You could also try it with a dark blue shirt and matching tie for a modern look, or dress it down with a black turtleneck in colder weather.
Calvin Klein Cost: $495
Staying true to the modern aesthetic of clean lines and slim lapels with three buttons, this Calvin Klein navy wool suit under $500 keeps your color options open by allowing you to pair it with a variety of shirts and ties. Don’t forget, however, that while a tie is always in style, this suit allows you to wear a simple white shirt with an open collar. Most importantly, never fasten all three buttons. If you’re with a conservative crowd or at the workplace you should fasten the top two buttons, but if you want to show off your modern flare, fasten only the middle one -- this shows off your tie and adds a casual touch to the suit.
Kenneth Cole Cost: $495
No one does an affordable black suit better than Kenneth Cole. His design is as modern as it is classic, and it can be seen on the most savvy international business travelers. Many designers offer similar suits at outrageous prices, but only Kenneth Cole gives you this much style cache in a suit under $500. Sure, you could pair it with the ubiquitous French blue shirt and blue silk tie or you could raise the stakes by wearing a black polka-dot tie with a white cutaway collared shirt. And don’t be afraid to take the modern look even further by skipping the cuffs on the trouser legs and having them hemmed with a very slight break over the shoe.
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