I know people who love them, and some who don't. Those who love them love the freedom of not having to chase reading glasses around. That is if you are talking about multifocal lenses and not one lens for distance and one for reading. That spit deal seems to be very hard to get used to.
The increased price seems minimal in a long term view. How many pairs of reading glasses do you buy per year? How expensive are they? What do you spend on cleaning them? How much can you unload from your purse if you don't need reading glasses? If you are like most people that I have heard discuss this, you are spending at least that extra $120 per year and you haven't realized it. Esp if you buy lens cleaning fluids which are crazily priced overly diluted bottle of ammonia or alcohol (for the most part).
I am not sure where you would find them, but if you end up still needing a little 'boost' to read menus and whatnot, they do make credit card size magnifying glasses that would fit in a credit card pocket. I am sure ebay or amazon would have them.
The one problem with contacts is the dry eye issue. If you have an autoimmune disease (including arthritis), this is likely to be more of a problem. If you don't wear contacts overnight, you may find relief from this with the gel eye drops. Systane is the brand I like, and using it at night after you take the contacts out can make a big difference during the day. I do NOT recommend the heavier 'overnight' ones because they are more oily feeling and seem to leave a residue that was a problem when I wore contacts. I had other problems with the lenses, but I know more than a few people who have been able to keep wearing contacts when they thought dry eyes were making them intolerable. It can take a week or so of using the gel drops every night, but it is worth a try. Look for the drops in individual ampules that you break open and are single use only. Bottles of eyedrops have dangerous levels of bacteria after just 2 weeks IF you keep them refrigerated. The bacteria levels are drastically higher if the drops are not kept refrigerated at all times after opening. Buying the drops in the individual ampules is a bit more expensive than in the bottles, but if you add the cost of the appointment with the doctor for the infection, the cost of the medications, cost of time off of work, and pain and misery of the infection, those ampules become VASTLY more cost effective. If you google "how long to keep eye drops", the results from reputable medical sites are astonishing. Sure changed how I handle eye drops for all of us.
Hopefully they will work well for you and you will totally LOVE your new lenses.