Yeah, here in freaking Iceland most people have 50 or 100 Mbps fiber for a lot cheaper than that. And not just in the capitol region, it even runs out to Vestfirðir now where the largest city is under 3k people.
It makes no sense whatsoever that a hunk of rock just under the arctic circle, 3 1/2 hours plane flight to the nearest land mass with any sort of half-decent manufacturing infrastructure, consisting often unstable ground constantly bombarded by intense winds, ice, landslides, avalanches, volcanoes, earthquakes, floods, etc, with the world's 2nd or 3rd lowest population density and heavy taxes on all imported goods, can do this while the US can't. What the heck, America? You've got half of the world's servers sitting right there, why the heck can't you manage to connect people to them?