That is a lot of money each year! $1,250 over five years. Have you tried Devonthink? It handles all formats, has excellent search, OCR, and file conversion, has smart lists, scripting, bulk export, integration with Calendar and popular task managers, and more features than I can list.
The annual updating pricing is $99, but it probably will not require updating each year.
I think Bear is a better Evernote replacement than Obsidian. Markdown isn’t great for scans, snippets, lots of images, digital scraps – and that’s what I used EN for. Had to go to Bear recently when EN raised the prices…again.
I do use Obsidian but more for personal growth/thinking, text only kind of notes.
I could never get on board with Devonthink. It’s expensive (though yes, not recurring), the mobile app reviews are not ideal, and it just seems too niche, I don’t know. It never jived.
Edit: yes I know Bear is markdown but it’s a bit easier and less mark-downy than Obsidian. 
Ughhh, I did not see the price increases. My annual subscription was renewed in August so I had the old prices but at $150 US it was starting to get hard to justify. I HEAVILY use EN so the math worked for me. My experience pretty much mirrors @AppleGuy experience. Nothing else met my needs or was as polished. I do like a lot of the new features they added, but there was a lot I didn’t. I use and like Obsidian, but for day-to-day stuff, project files, mix media formats, it is…clunky.
I’m paid through August of next year so I have that long to finalize my plan. I think what I will do is migrate all the reference notes to Obsidian. I had already started doing this to clean things up a it in EN. Obsidian has a really good importer that makes it super simple and includes tags, etc.
I think I can get down to the starter plan limits. This will actually save me some mone. Who knows, I may get to the point with plugins that Obsidian will be “good enough”.
+1 for DEVONthink. That’s where I jumped several years ago when Evernote first started to go wonky. Been very happy with it.
I’ve tried DEVONthink, and liked it, but I want something that works on Windows too. (Life would be easier for me if I could give up on Windows…)
I think I’m going to play around with Obsidian a bit over the weekend and see if I convince myself to give it a serious try. I think it may have gotten better at some of the task-management stuff over the last couple of years, so I’m going to look at that.
If you’re coming from Evernote or Apple Notes, then two plugins which make Obsidian easier and more useful are:
Notebook Navigator. Makes note navigation much more like Apple Note / Evernote. Is super customisable. https://notebooknavigator.com/
OmniSearch. Provides full-text search, including indexing of PDFs and text inside images. GitHub - scambier/obsidian-omnisearch: A search engine that "just works" for Obsidian. Supports OCR and PDF indexing.
I was familiar with OmniSearch, but hadn’t heard of Notebook Navigator. That definitely looks useful!