No Colo charges the same insane prices for Traffic as Cloud Providers.
Hetzner charges 1€/TB over 20TB for their 10GbE Servers
On the other hand, if one could explain such causation, then I would be very interested in hearing about it.
Correct, but the effect on the wallet doesn't care if there is a causal relationship. And since my wallet is closer to me than a philosophical debate, the conclusion I reach in this case, is to move my site ;-)