That seems extremely high for quite a boring service indeed. But it's also a global service so people in different countries may have a different experience.

Nowadays, Facebook provides no value to me. I don't like it. Still, I probably check it a few times a day when I'm procrastinating. I read the updates of the few acquaintances that still post on it. And I'm tricked into watching a few reels. A few groups are also interesting.

Ironically, I found their ads to be quite relevant. They went from boring t-shirts and gadgets to things that I could actually be interested in.