I’d be curious to know what actual inflation is on hosting plans. Feels to me like inflation on budget-tier hosting is zero to negative, but that’s very subjective.

In any case, I’d expect to be able to host a bunch of century Wordpress sites for very very cheaply, provided you locked down plugin installation. Without plugins they’re a known security and upgrade profile, and I expect traffic on 99.95% of them to be effectively nil or highly cacheable.

To that end the price feels a bit outlandish to me.