Nowadays you can buy a great bike for $1000 and be totally satisfied with it, ride it for years, or you can shell out $15000 for the top of the line model. And I'm talking about regular bikes, not e-bikes.
There's people who cycle as method of transportation, and those who cycle as a sport. It's only the ones cycling as sport who need this expensive stuff.
Sure, you won't be able to cycle up to the Zugspitze with it, but for cycling in a regular hilly town it's enough, 7 gears are fine and the brakes are good enough as well.
Perfectly functional sports utility vehicle for less than €200
If you want to add some cargo space in the front, you're in the price range the GP mentioned: https://www.omafiets-online.nl/omafietsen/Spirit-Cargo-Trans...