Yeah, that's good. $3/pound delivered is what I expect to pay. Sometimes they offer big discounts to their e-mail list, but you might wait for months.
Note that they're now selling 2-pound bottles for $1.99. I didn't check shipping to your area, but you'll probably find that the
10-pound/free-shipping deal is better.
Go to Lowe's site and search for "Crystal drain opener." You'll see two brands. One is Roebic, which is the one you want. Two pounds for $11.69 in my neighborhood.
I used lots of lye to clean the 80-year-old cast-iron drains in my house, but I've been slowly replacing them with plastic, so I don't buy quantities these days. Mostly I use it for producing a matte finish on homemade aluminum radio chassis (another thing I haven't done for a few years), and as an ingredient in Ted Edward's E-clean electrolytic cleaner/de-ruster: