Oh, definitely. People mentioned fairphone and I think the Samsung budget line (A-series) still does. But after getting my first cellphone at 18 and never paying over 300€ for one, this was the first time I've wanted to buy an expensive phone (Pixel 8 Pro) bc I want to use its camera for promo videos for my band and my practice. A friend who sometimes tapes our gigs with real video equipment recently used his Pixel instead and I was super impressed with its capabilities.
My last phone was an A35 but I have concrete plans for the Pixel 8 Pro's top notch video recording performance and the budget line does not deliver that.
I've never owned an expensive phone before but it really depends on what you use it for.