Then when it comes to your mobile devices, sometimes it's not possible to add additional capacity. You are paying for something different than a hard drive. Cloud storage will get cheaper, just as the harddrives have
(probably from wholesale, though)
But, that gets very complicated... you're just shifting the hard drive costs into developer and cpu costs... so it may not be economical.
Fortunately you can get some premium value out of that markup that is way more expensive to set up yourself. (In particular multiple backup sites.) But the cheapest storage solution absent all other concerns will always be simple local storage.
It's really interesting/funny to look at the different stuff and say to yourself "Did I really like this? Did I really go to concerts from these bands?"
But of course, the cat/dog and the girlfriend would need to get out of the burning appartment first :)
But 60 USD? Probably not. :)