Though still cheaper than other tests, that is more expensive than I expected. I paid under $100AUD for mine a few years ago, and they have been even lower. Also, keep in mind the cost of postage when ordering tests.
There are regular sales at FTDNA so if you are in no hurry you might like to hold out for one.
(I'm pretty sure there was an offer not too long ago.)

Good luck whichever test you decide to take..