GSM Arena, IMO you need to add those accessory price tii. Total should be around USD 217,5. So that's the cost to manufacture the device. Add packing costs, commercial costs to gain profit, aftersales cost and taxes above it then you got the final price. Still, it's not surprising to see the final price cost more than double the original manufacturing price. We are talking about Samsung here.
If only it had 4gb of ram and LED notification, it would be a great phone. Maybe I'll buy it if they price it below 30k.