Yep. Selfhosted VPN is for privacy from surveillance capitalism and "dragnet" government searches (which corporate/paid VPNs are IMO not effective against)
My 1 node is still way more expensive than a VPN package and does not provide location switching nor plausible deniability via mixing with other traffic (the latter is what Tor and related mixnets are for)
IMO location switching is the sole benefit of paid VPNs.
Worth noting: neither selfhost nor corporate VPNs are effective defenses against targeted government surveillance. Arguably, nothing is.