The best cheap cigar I keep around is the "Flor de Oliva Torpedo" .
Singles run me $2.00 a stick, but you can get them for around $40.00 for a bundle of 25 ($1.60 per). I really enjoy this cigar. I would classify it as mild-medium in body. The wrapper is a little sweet upon first taste. It burns really well, the aroma is pleasant, and the smoke is creamy-dense (more than you expect) and I would say it has a nice short-medium finish. I highly recommend it if you are looking for a budget smoke.