On average toasters have always been $20. Wasn't $5 an outlier during dotCom crash homegoods firesales? There are some outliers. I just think it's wild that some coils cost the same as a radioactive laser, ICs, amps, motors, etc. There's a certain minimum cost and the complexity doesn't matter.
Invention is expensive. Innovation is less expensive. Production is (usually) the cheap part. Once the invention and innovation is paid off, it's just production...