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Default Wood floor laminates

I was at Lowe's the other day - $4 sqft for Pergo laminate. Holy crap,
real wood, also at Lowe's, was less than that. Why is this stuff so
expensive?

Are there any (quality) alternatives that don't cost an arm and a leg?
I have asthma and I'm looking to replace the carpeting with something
nice and inexpensive.