One thing most people ignore: the prices these days for many thing don't have a direct correlation with the cost, but with how much people are willing to pay. This is happen especially in quasi-monopoly situations, like housing and internet services.

For example I have 3 Internet connections at home that I pay ~ $30 in total, from 150 Mbps to 1 Gbps. I think the 1 Gbps is ~ $12/month, it is so cheap because there are so many options and I can afford to keep all 3 for redundancy (1 is a 4G mobile data capped at 200GB/month, it works even when there is a power failure in the entire neighborhood).

But if there is no variety of options and no competition, then price is high. From what I read, most ISP in USA are squeezing as much as they can from their clients, sometimes to ridiculous levels.