More so relates to ability... I have a shining example of it where I work; not one but two individuals promoted to a rank they can not begin to fill the duties of, sadly... it's known by the employer and as anything in the Military, you just wait till they receive orders to charm someone else's life.
I grew up shooting rifles and I'm convinced that every pistol is beyond my level of competency. Let me tell you though, my lousy groups are tighter with the more accurate pistols.
No slander to the above but it's sort true... Higher end anything is usually more accurate than lower end. The accuracy differences between a S&W Sigma vs a Glock or XD are remarkable. Following the same suit the difference between a Springfield 1911 vs a Wilson Combat are marginal.
I used to spend allot of time at the indoor range, saw allot of first time buyers jump in on cheaper guns only to be disappointed and then want to "trade in and upgrade" (lost their shirts on trade in). But it's interesting to see a guy go from a Sigma to a Glock yet never shoot farther than 15 yards, same applied to a fellow IDPA shooter who "praise the Lord of Kimber", only to buy a Les Baer and then "praise the Lord of Les Baer"... never saw the guy shoot past 25 yards, when he did he completely missed a man sized target... latter complained it was biased towards Glocks because of the higher magazine capacity, in turn went to a high end "race gun Glock"... was a complete mystery to me, as I was shooting a tuned up Beretta 92FS, were I was told every military story about what a pile of garbage the M9 is/was, "insert" what the military should have bought and move onto a higher end pistol, because a Beretta wasn't a competition weapon. I again saw this unfold in 3 gun we had a guy who couldn't shoot MOA BARN DOOR with a rifle, so he bought a much more expensive upper, which yielded no luck, turned to a Geissle trigger, replaced his Aimpoint with a, Leupold 1-4 and replaced that with a Trijicon RCO, eventually replaced the AR with a Sig 556 and last I heard he'd been talking about a SCAR... I did offer to buy Jim's "race Glock" when he began to speak sour of it, he was offended by my offer to trade him my Beretta 92 for it strait up after I finished 1st place in the local steel challenge night, that he placed double digits in (I know A## H@le move, kick'n a guy when he was down).
When it comes down to it there are "low end" firearms and a few "high end worn out" firearms that aren't as accurate, or don't fit a shooters needs or preference.
But as the quote above, bench rest most any firearms and you'll find they are more accurate than the "human" operating them. There is value in the higher end, but how much you're willing to pay for that accuracy vs the accuracy of something more "humble" is for the individual and their check book to decide. Just my humble opinion.