Its no big deal. I remember when domain names were like $75 - $100 back in the mid - late 1990s. I will gladly pay $10, instead of $100.
I suppose it also depends on the amount of domains you have and what you use them for. For example, a lot of people stock up on domains just to try and sell them later for more. Having fifty plus domains gets a bit expensive to maintain. The good news is that I only have to pay for three.
It's not that bad of a increase. And outdoor you are write the rising cost of operation domain registrars is what will lead to the increase.