For the commercial versions, AFAIK overall it's less than Visual Studio, but when amortized over a couple of years. Slightly different pricing model so trickier to compare.
The community edition is relatively new. Before that, there was some watered down version for $199 (if I'm remembering correctly). Back when I looked into it there was no way I could afford or justify spending that kind of money on a language that I may not even like or want to continue learning.
Cost being the obvious large one.
Every time I’ve had an inkling of interest in Delphi, I pop by the website and nope out within a few minutes after finding the pricing page.