That's the average transaction-fee paid - and in practice, a fair amount overpay a lot. And making sure you use a reasonable wallet and bech32 addresses makes a big difference as well. So even with the same network fees and bitcoin price, a transaction costs a lot less today than in 2016.

Recently fees have been around 1~10 sats/vB. ~40 sats/vB would be $2. Network fees are quite volatile, so we don't have to go back far in time to find that, though.

Source: I look at bitcoin fee graphs way too much. Also mempool.space