Rackspace (and really all the "popular" US hosters) seem ridiculously expensive compared to hosting prices we have in Germany (see e.g. http://www.hetzner.de/en

Rackspace (and really all the "popular" US hosters) seem ridiculously expensive compared to hosting prices we have in Germany (see e.g. http://www.hetzner.de/en/hosting/produktmatrix/rootserver-produktmatrix-eq http://www.hetzner.de/en/hosting/produktmatrix/rootserver-pr... this is one of the biggest root server hosters in Germany). Is this really so or are Racksoace and co. Just "boutique" offerings?