Okay, this I take exception to. You can do style (but not necessarily fashion) on a budget, but, like everything else when you're poor, it takes more work, effort, and creativity. I'm not going to tell you all how much/how little I make, but I'll tell you, my job is as a file clerk and my husband loads freight trucks. We are NOT the fiscal elite, however, you can get some very nice things at lower-middle end retailers like Sears and Penney's, plus there's always thrifting, customising boring pieces, and making entirely new things. I've been sporting a distinctive style, though I've never been trendy and fashionable, since I was 12. The foundation for my "look" has always been vintage/retro, however I went to school with a girl who was a nearly couture-quality seamstress as just a schoolgirl, and she always had the most wonderful outfits, and I knew quite a few other girls who could put together a pretty sharp outfit just out of the sorts of crap you could get at the mall. It all comes down to creativity, interest, and effort when you can't go out and buy the newest Prada or Chanel or whatever.
I know most guys aren't into making clothes, but I know plenty of fairly stylish young guys who have pieced together decent wardrobe by filching their dad's old stuff from the 1970s, getting some basics at Target , and only accepting what trends really appeal to them. Again the thrift shops or designer consignment shops are a great boon to the stylish but cash-strapped young man about town. I've gotten my husband some higher-end stuff (mostly Calvin Klein) from thrifting.
Then there's customization. For example, my brother-in-law is artistic like Wyatt here and used to re-paint his Converses on a weekly basis, with different scenes, different colorways, and would make custom tee-shirts for himself, with paint or airbrush, and customize pieces for his friends. Tyler had this cross between ***** pinup art, graffiti art, and monster art that was highly distinctive, and one little, toothy monster, painted on the pocket of your Levis jacket can add just as much as the latest Prada robot.