If I had it to do over again I would "hybrid". Do a small cheap ceremony with close family and friends. DJ's are obsolete if you have spotify and know how to make a playlist, just rent some speakers if needed. Lots of times if you are a member of a church they will let you get married there for free, or find a community center or something inexpensive. Heck, you can have the reception in a field with folding tables and tablecloths if the weather is right. PIzza, a food truck, or just a small local business to cater and you are GTG.
We live in the middle of a very popular area for wedding venues and the prices some couples pay for their weddings are just astronomical. We probably spent more than we should have on ours as well, but no way I would pay 10k+ for just a venue.
Weddings are fun. If your bride has no expectations, then maybe eloping is a good option for you, but I think had we not had a wedding at all my wife would wish we did or at least wonder what it would have been like. Lot's of this is going to be dependant on your stage of life, your relationship, and your family.