The price I cited was from the article. While I didn't check the price of the soldering iron itself, I looked up the price of the tips and those were over $40. Personally, I used $10 irons for decades and only picked up a temperature controlled one (for about $150 CAD) a couple of years ago. While it was a very nice upgrade, I am firmly in the camp that you can do good work with a basic iron.
