Join Date: Aug 2008
Bikes: a celeste green one; 5.5 Madone
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I think the, Lake CX165 Wide, shoe, may be your answer. You can pick them up for about $90; sometimes less, if you catch a sale. You might also want to try cycling sandals.
I normally wear an 8-1/2 EEE, so finding a cycling shoe, most of which run very narrow, is damn near impossible. Sure I'd love to have a pair of Sidi Mega's, but not for $300. I've gotten good service and comfort from my Lake's for the past several cycling seasons.
If you go this route and still get no releif, than it probably confirms what others are saying about cleat positioning - which can cause "hot foot".
If you tend to stand a lot going up hills, and/or mash rather than spin, as I do, make sure you have a wide platform pedal. I started with Speedplays, but after experiencing serious foot pains following long hilly rides, I finally switched to Shimano SPD's. That helped a bit, too.