No that’s insane. And also all clouds are getting pricy. At work a single instance AWS RDS sql server is costing $250/month…
Get a raspberry pi and do everything at home.
Good luck getting Microsoft and Google to accept emails from your own email server. Even medium sized email providers have issues sometimes.
But for everything else I agree that’s a better solution and getting better by the day, in fact I’m in the process of migrating my nextcloud to a raspberry pi.