I have tried a lot of wireless earbuds. Jabra, Samsung, Jaybirds, Anker…and none of them have the combination of bullet-proof pairing, keeping a connection, audio quality†, and sound cancelling†. †(AirPods Pro, for these.)
But hoo boy, $550 is a lot for more traditional headphones. The price premium for earbuds feels right to me, as you have to do the engineering to jam as much battery, antenna, and circuitry into a teeny tiny space as possible. But big ol’ can headphones? C’mon, you have so much more volume to work with, it should make them easier to design and manufacture, not harder.