This is true per "equivalent" unit of generic computing, but some older instance types have gone up in price (presumably to encourage people to migrate their stuff onto newer hardware).
This is completely reasonable - but a pain when you have a box that works perfectly and you have to upgrade the software to cope with a new hypervisor driver/layer.
One of the things I really like about Hetzner is that they auction off the older dedicated servers for cheaper. It should make economic sense to do the right thing.
This is completely reasonable - but a pain when you have a box that works perfectly and you have to upgrade the software to cope with a new hypervisor driver/layer.