I hate pulling rank so fiercely, but I literally wrote the second (i.e. first non-reference) implementation of the Ogg container format (which Opus, Vorbis and sometimes FLAC use). I know these codecs.
Ogg Vorbis and AAC hit similar levels of quality as a 192 kbps MP3 around 160 kbps. (That actually depends a fair amount on the MP3 encoder. The LAME VBR is particularly good.)
But I have an 11 year old receiver and a 12 year old car that can't play them. Hell, even iTunes can't without third-party codec plugins. MP3s are about as universal as it gets. Being able to play my files everywhere is pretty high up on my list of concerns.