Having just jumped from Google to Nameheap this is more than mildly frustrating.
edit: apparently this is the result of Verisign putting up their wholesale prices
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The prices are going up for every provider. It’s across the board. Porkbun.com too.
As others mentioned, Verisign administers the .com space and they’re raising prices. https://www.politico.com/news/2022/04/09/website-domain-more-expensive-00023524
I do like to keep track of the budget gTLD renewal prices at tld-list.com and use that for my personal use. I have an offbeat domain I registered for 10 years for something like $25 a few years ago.