I use a safety razor, purchased in 2014 for about $30, and a big pack of blades ($5-10) that will last me the rest of my life. I have a short beard, but shave my neck. I think I generally change out the blade once a year or two, and don't think I've used more than 5 blades in the 9 years I've had it. A brand new blade will give a ridiculously close shave and I have trouble keeping myself from getting cut. After a few uses, its at a more manageable dullness. I suppose after a couple of months, its dull, but keeps cutting, so I don't bother changing it out until a special occasion inspires me to put in a new blade.
In response to the original question, I have tried flipping the blade over to see if that makes any difference, but it wasn't very noticecable.