To be fair I've got some $2500 switches. OK they're layer 3, run routing protocols, have 48 POE ports and dual power supplies, and I still think they're overpriced, but it's fairly standard.
A single power supply 5 port unmanaged switch though? Hilarious. Make you you get the right ethernet cables that run in the right direction
https://forums.whathifi.com/threads/directional-ethernet-cab...
Only £629 for 1.5m cable.