>>1240098700 dollars is still basically the entry level point for a road bike worth riding. Nowadays that gets you a bike by a major recognized maker who has a team and sponsorships, a claris groupset with shimano all around, a carbon fork or carbon/al fork, lightweight 6061 t6 AL frame, and a wide 11-32 cassette in back with a 50-34 up front.
I paid 399 for mine on black friday with the above but I had to get a no name brand (great frame made by Poseidon) and my cranks are made by Ounce.