I get it that everyone wants to use the trendy newest tech (workers etc or whatever the latest is), but your bill could easily be 20% (or less) of the $5k kind of numbers you are mentioning.
I guess if those kind of numbers are just water under the bridge for you than you may as well go with the easier cloud setup/infra though.
Most apps never hit those limits, but once you get to multi-thousands/mo in cloud bills, there's benefits in pay-as-you-go billing where the provider is incentivized to let you use as much as you want to pay for.
Hetzner does have truly unmetered root servers, been using it myself for years. If you're doing Tor, Torrents or commercial CDN traffic, they might kick you out, but for other "normal" things, they seem to have no issues with handling it as they say they will.