For a psychiatrist (MD), I suppose it's a typical rate. I can't speak for the commenter, but when I was younger everyone (including my psychology professor who was also a therapist) suggested prioritizing a therapist unless medication is needed (for which only a psychiatrist can prescribe). The claim was psychiatrists were trained to have a bias in favor of medication.

And therapists will not charge crazy rates. You'll get plenty of good ones for half that cost.

No idea if still true.