That's around €3.60/kg, which is considered in Italy a quick way to get street riots. Go over €4/kg and you'll get a full blown revolution, complete with a fully functional guillotine.
In my local supermarket 500g of bucatini De Cecco come for €.99, which is around $1.22. I understand that pasta in considered a specialty on the other side of the pond, but it is still basically just (semolina) flour and water, and no matter how fancy it could be, it's outrageous to pay that much for something mass produced.