Is Etsy worthwhile once you calculate all fees and associated shipping costs?

I started comparing price setting on Etsy and noticed most items surpassed a $40 sale price per hand created item. I have hand drawn wall hangings, signed, and larger canvas prints of my own work, also signed. For the smaller hand drawn wall hangings, I thought $25-$35 would be affordable, but cant tell who covers shipping (assumed buyer?) or what shipping discounts are provided to the seller to see if my pricing is too low? Thanks for any insight.

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