The fruitless search for a real cheap web hosting site

The search for a cheap web hosting with quality service is really hard work. I have spent already countless hours in the net trying to find the cheapest site with a good service. Although I know this is next to impossible, I believe there is still a site out there who understands this and offers such. I have read many hosting articles and even specific site reviews like addora review and host gator reviews just to see if these sites will really offer me the best for a cheap rate, however, I find it is really a diamond in the rough if I do find one. Even my friend who makes articles on the best reseller hosting is hesitant to give me some good list of sites as he knows that premium service also comes at a price. Of course I know the rates these top sites are really standard for everyone and all sites out there, but somehow, I am convinced that these rates can become lower and more affordable than what it is now. I just hope that in my search, I do find one which I am looking for.