DRF aka Thrifty Bill
Join Date: Jan 2008
Location: The NC Mountains
Bikes: 86 Katakura Silk, 87 Prologue, 87 Cimarron, 14 frame school custom, 73 Paramount
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+1, if you are looking for under $50 bibs, then you are going to have to buy them on sale, and they will be basic, generic bibs. Then you can easily shorten the straps as heckler recommended.
Regardless, I highly recommend bibs. I have gotten some on sale at Nashbar, they have an excellent return policy if you get the wrong size.