For most regular activities, old fashioned things like wool coats, oiled leather, or waxed cotton work remarkably well. Waterproofing imo is only a major issue if you're having to save on weight/space (and cost, I guess). It's hard to run 10k in a wool greatcoat in the rain.
The last time I wore a heavy wool greatcoat in solid rain while walking, it stayed dry for a while, but got much heavier as it took up water, then started soaking through on the shoulders after about an hour. Admittedly it is antique and I'm guessing it has lost its original waterproofing (lanolin?).
Oiled fabrics like a traditional stockman's jacket can last a working day, but they weight a lot relatively, they need occasional re-waterproofing if used, and are not particularly cheap: https://drizabone.com.au/search?q=Oilskin
Yep - the original waterproof fabrics were oilskin, waxed cotton, and leather. They've mostly been replaced by PU coatings, though you might still go for the old school stuff for abrasion-resistance.
Wicking base layers work pretty damned well. Cyclists did that for ages. When we could finally afford polypropylene is was a godsend. Way cheaper than goretex.