I just paid for my hosting, almost $600. Back when I started (15-16 years ago) I was even paying more but was worth it since your site was where you'd sell most. Now I think I'm overspending for the actual use since I have maybe 1/100 of the traffic...! 
yes but you don't have forums/blog (those are resource expensive)
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i run that stuff on linode. doesnt come close to those prices
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how many TB a month are you burning?
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