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There are large agricultural subsidies on meat, and on corn (which the cows are fed). You can't make a veggie burger out of just corn, so it has to use less underpriced components.

Aren't there also subsidies on soy and other sources of protein that are used?

Aside: I'd be okay eliminating most subsidies as long as work-life and safety standards from import countries match US.

https://farm.ewg.org/cropinsurance.php?fips=00000&summpage=P...

That's development costs. With time, the infrastructure to make these burgers will be as widely available as that to make cow burgers, and that will bring costs down.

well, the product being sold is not your typical grind beans and other ingredients made into a patty. This is a genetically modified protein made to feel and taste like meat. The R&D that went into making this happen is incredibly complex. I'm confident the price will go down just as with everything else.