No its not. The blockchain is currently almost 12GB. Last week I downloaded a game that was 28GB. Thats just one game. 1TB hard drives are $60.
Yeah, if you are getting started it takes a fair amount of time for the blockchain to come down. If you are in a rush, just use Electrum (which will be up and running in 30 seconds) until the blockchain has finished downloading.
Plus, bitcoin devs are working on ways to prune the blockchain.
Blockchain size is not something you need to worry about.