It definitely becomes something once you add a Dropbox subscription, Adobe sub, other content creation app sub, Autodesk sub, a sub to Notion or a task manager, password manager sub, etc etc.
At least from my experience, I could get by upgrading once every couple versions, and then when amortized, software was noticeably less expensive. The added value now is monthly subs can increase development velocity, but that’s only actually valuable if you use most of the new features being developed. For everyone else, we don’t, just a few of them. But we pay for all of it, and a lot of times that’s also because we’re making up lost revenue for a free tier.