The WiFi (& Bluetooth) IC used in the Pi Pico W retails for ~$2.5, and presumably a bit less in volume (considering the Pico W is only $2 more than the base Pi Pico.
Esp32-c3 super mini is less than $2 with free shipping from AliExpress. The usb-c cable I use to power it is more expensive. I get a serious cognitive dissonance when I think about it too much.
I am asking about the radio chip. The last I checked, buying one from a distributor costs around $6. You would need to do a huge order to get the price down to $2.5 per chip. The required order quantity is so huge that distributors do not list it.