Why does that feel like too much? Just curious how you're thinking about the pricing.
Though that's how django started. So...
I view my blog as an extension of my memory. When I write things, I do it mainly for myself, rather than to appeal to other readers. Because of this, my blog gets practically no traffic. I'm happy with github hosting my ramblings for free.
Even so, for the casual blogger, $5/month is probably the max.