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Ikea will sell you an induction cooktop for about 300 Euros. The price scales pretty well from 220-850 Euros depending on the size and number of burners. Prices should come down once the US catches up to the rest of the global market.

https://www.ikea.com/ie/en/cat/induction-hobs-20813/

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Yeah, the low cost basis and high markup is my gripe. If there were $1500 worth of specialty parts in there, I wouldn't be complaining. But appliance sellers have gotten really good at equating "physically big" to "high priced". As for the US "catching up", well, about that...
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That must be a result of where you live. Had look at the web pages of the biggest Norwegian retailer of kitchen electronics, Elkjøp. You can get weird brand name induction cooktops for less that 300 USD, and well known brands like Electrolux and Simens for slightly more. There is also the ten times more expensive offerings, if that is what you want. That we have no tradition for gas cooking here, could perhaps make a difference.
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