Heroku at that spec really starts to hit the wallet.
More than engouh for a lot of applications. Hell, I ran a E-commerce company with 20MM USD/year in sales on a dedicated server from 2005-2013.
Most things are plain vanilla and rock stable. I can go from new server to running my first services is less than an hour. Ansible or cloud-init go a long way to turning my pets into cattle, so to speak.
I spend nearly no time "managing it" -- I have grafana dashboards and Hetzner monitoring the critical things.
Happy to share more.