There are many companies that regularly spend much more than that on other software related licenses that devs need to do their job productively.

If the average US salaried developer is 10-15% more productive for just 1k more a month it is literally a no-brainer for companies to invest in that.

Of course on the other side of the coin there are many companies that are very stingy with paying for literally anything for their employees that could measurably improve productivity, and hamper their ability to be productive by intentionally paying for cheap shitty tools. They will just lose out.