Yeah, the trick with induction is that you can’t go cheap.
The technology works great, but the American market has been plagued with crappy induction ranges meant to hit a price point. Too many with crappy controls and undersized coils that have given them a bad reputation. This has hurt adoption which has prevented prices from coming down on the good ones.
I’d love to switch my new house to induction but the previous owners put in a pretty nice electric range within the past year…hard to justify replacing a brand new stove that has seen just enough use that it probably has no resale value.