Balenciaga's new $2,145 tote looks like Ikea's $1 shopping bag

By: Keri Lumm, Buzz60

Have you ever dreamed of owning an exclusive Balenciaga bag but lack the thousands of dollars to actually purchase one?Well, chances are you already have a version of this in your closet at home in the form of an Ikea bag.

Instead of a cheap knockoff of an expensive bag, the new Balenciaga bag looks like a pricier version of something costs 99 cents.

Balenciaga Arena Extra-Large Shopper Tote Bag, $2,145

The new Arena extra large shopper tote made from blue wrinkled glazed leather looks to be an almost perfect replica of the large shopping tote from Ikea. The one notable difference is $2,144.

Abandoned baby
Abandoned baby

Ikea is loving this new high-end bag copy of their classic design and told the Today Show: "We are deeply flattered that the Balenciaga tote bag resembles the Ikea iconic sustainable blue bag for 99 cents. Nothing beats the versatility of a great big blue bag!"

But it's a little less versatile because if something happens to the Balenciaga bag you can't run right back to the store and get another one. Unless, of course, you're Mark Zuckerberg.

Scroll through to see gorgeous designer handbags that never go out of style: