I think it's too much to expect staging to match the load and access patterns of your prod system.
I find staging to be very useful. In various teams I have been a part of, I have seen the following productive use cases for staging
1. Extended development environment - If you use a micro-services or serverless architecture, it becomes really useful to do end-to-end tests of your code on staging. Docker helps locally, but unless you have a $4,000 laptop, the dev experience becomes very poor.
2. User acceptance testing - Generally performed by QAs, PMs or some other businessy folks. This becomes very important for teams that serve a small number of customer who write big checks.
3. Legacy enterprise teams - Very large corporations in which software does not drive revenue directly, but high quality software drives a competitive advantage. Insurance companies are an example. These folks have a much lower tolerance for shipping software that doesn't work exactly right for customers.