I homebrewed an item for one of my players called Phillip's Practical Outfit. I priced it on 5750 (can't exactly remember the cost caluclations I used to arrive at that number). But the outfit could, as a standard action, be changed into any other outfit at will. It also constantly cleaned and mended itself via prestidigitation and mending, so no matter what, you were always looking fabulous. The player in question frequently fought monsters in a tux thanks to that item.