Yes, provided the plans you're comparing all have the same features (minutes, amount of data, speed, etc)? My AT&T is about $90/month with 450 minutes, unlimited nights weekends, 1500 texts, unlimited data. Your plan is 1000 minutes total and no free nights and weekends nor roll over minutes on a monthly basis.
We also have weekend options and night options and favorite numbers options that give us roughly unlimited chat in restricted timeframes or with restricted numbers, and you can activate them by yourself from your cell phone whenever you want for a couple of euros. Regarding the minute and traffic roll-over, mine roll to the extent of 200%. 450 minutes of incoming+outgoing are a weeks work for me so you are paying basically $90 for 4 times less talking than I do when I pay less than EUR 20 (with taxes). Regardless of what I do I end up paying less in Europe by a few degrees of magnitude than in the states. It might be because in each country we have at least 4 3G operators, and competition brings out the best in them or it might be the regulation. I pay less than you and get HSPA+ coverage in 90% of the surface of the country, even on top of the mountain. You don't get decent 3G even in Frisco, LA or NY.
Regarding the unlimited, it's bull. Think of how much you're using before doing any stats. I chose 1.5G but I can go as high as 24GB/month if I am thinking of using tethering intensively. I'm quite sure that ATT would kill your bandwidth if you went anywhere close to those numbers.
And you Europeans always harp on the stupid incoming minutes are free thing! What a JOKE! The person calling you spends ~$2/minute, but hooray it's cheap for the receiver. Cell phones in europe cost more overall for what you get than in the USA.
Assuming I finish up my minutes, at most, I'm paying 0.07/min for an outgoing call only once the call connects with no other network usage taxes (like it was with Cingular, free calls but with a $0.25/min network usage charge). The amount should be roughly the same regardless who pays it. The advantage of free incoming minutes is that the callers can choose who pays for the call. Imagine a 7yr old with a prepaid. It might be simpler if the parents pay for the calls instead of him. He just has to ring them once (for free) and they can call him back!
Nothing about telecom is more expensive in Europe than in the states. For a 50Mbps cable internet connection you pay $120, while we pay 20-30 (with cable TV included).
Guess what, I have fiber connectivity with 100Mbps up/down at home for 10! How much would that cost at AT&T?
The telecom bills (cable, internet, landline, cells) for a family of 5 in California are close to $600 while in Europe they would be less than 200 even if you went with the most expensive contracts.
Chill and stop waving the american flag on topics where you guys are lacking. See
http://www.netindex.com/download/allcountries/ for a list of AVERAGE internet speeds by country. Except for South Korea and Japan, all the other countries on top are EU countries. The US is on the 31st place and most countries above are part of the EU27. I was in charge of choosing the carrier for a company in both the States and EU and the states was a headache at 3-5 times the cost for landline, Internet and mobile.