The 4MB ram upgrade I put in my 386 in 1992 only cost $200 at the time... so ram prices were discontinuously high in 1995 if thats the case. My ~$1300 Compaq Presario 7180 came with 8MB ram in November 1995, and that included a 1.2GB hard drive and a P100 processor. I doubt the ram was the majority of the price of that system.
Do I think you're making it up? No. Do I think you might have been looking at some weirdly expensive memory? Probably.
Oh yeah, also, my 16MB upgrade cost about $150 the year after, in 1996... so if it was to a dollar a megabyte, I certainly got ripped off.
My own personal recollection of jumpy ram prices was that I paid about $20 for 256MB ram in October 2001 and $100 for 256MB ram a mere few months later. The prices definitely shot up after a shortage. However, I remember keeping my eyes on the advertised ram prices back in '95/'96 and $100 a megabyte sounds like way too much and $1 a megabyte sounds like way too little. It had to fluctuate around $10-$50 a megabyte, but I doubt it was ever as high as $100 or as low as $1 in the time span you said.