Is DigitalOcean Overpriced? My Shocking Price Comparison!

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Today, I was checking the pricing of other cloud providers, and OMG—I just realized I’ve been overpaying for DigitalOcean’s overpriced droplets!

For example, my current droplet costs $48, while an equivalent one from Hetzner is only $7.59.

Am I missing something, or is DigitalOcean really overpricing their services?