Can't be too expensive? Just a big, fire-retardant chute, held by chains. But I get you.
In addition to the initial expense you also have the ongoing expense of the weight of the chute. Weight that means a reduced payload, more fuel burn, reduced climb rate...
It should also be pointed out that even planes with recovery chutes, still crash.
Again it's the cost vs the benefit.
Also, you guys are (naturally) assuming that there should be no expense spared by the airlines to save your bacon in an in flight emergency. You have to remember though they're in the business of making a profit not providing public safety.
It's the FAA's job to ensure public safety. Unfortunately for airline passengers it's been stated that the FAA is probably the most poorly managed incompetent agency in the entire federal bureaucracy. And worse, they've been in bed with the airlines for many decades.
That $2m per passenger figure I mentioned earlier. (which is somewhat dated now) Is part of a formula the FAA uses to means test known safety issues. They'll estimate the potential number of deaths x $2m and compare that to the cost of correcting the issue. If only a few deaths are anticipated and or the fix is particularly expensive. The FAA won't make the airlines/OEM fix it. Unless it becomes public of course. Then naturally they're all about maintaining the perception that they actually give a shit about doing their job. IOW like pretty much all government agencies.
A landing drag chute on commercial aircraft is completely unnecessary. Just about all if not all have reverse thrust. As well as braking systems large enough for many many landings a day. The space shuttle and mostly older jet fighters the OP was
using as an example. Have, relatively speaking, much smaller brake systems.