The study, led by National Health Service consulting podiatrist Emma Supple, determined $51 million is spent each year in Britain on corrective foot surgery, The Daily Telegraph reported Wednesday.

Operations such as bunion and corn removal can cost $7,000, while toe straightening can cost more than $2,100. Other high heel-related surgeries include big toe joint replacement, removing trapped nerves and correcting ingrown toenails.

"While we love our high heels, wearing them for prolonged periods is bad news for our health and wallets," Supple said.

The newspaper said the study was paid for by the shoe firm MBT