I think this is understandable, although I would prefer cheaper of course so it's not preferable. 1Password has not increased pricing in a long time, this jump is probably still cheaper than where we would be with if they had been slowly incrementing over the years. I would still prefer to not have a subscription...
What was pushing me away from 1Password was the absolute dysfunction of their Safari extension. It was slow, inconsistent, buggy, and terrible. Has been for years. A random internet comment I found recently suggested switching off system Live Text (System Settings > General > Language & Region > Live Text toggle to off). This did work and now the Safari extension works like it used to. What a weird bug, I will need to report this as Live Text can be useful.
What is keeping me with 1Password is the ability to share passwords for things with my partner in a secure way. Also cross-platform support with our Windows machines. Nothing else works quite as well for this.