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No, it's really not. And even though this price is double, it's still only $50 more. It's not like we're talking about the Nikon at $175 or the Sony at an astonishing $250.
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May be half the price , the lens is at best, g all the quality.
$99 at Adorama (Cash Back available) https://www.adorama.com/ca5018stm.html
Amazon doesn't need your money
The Yongnuo 50mm f1.8 Mark II has also received favorable reviews. The motor is louder than the canon version, but image quality is very good too. But with the canon version at $99, the price difference between the canon version and the Yongnuo version is getting small, ~$25, and I would go with the canon version.
For more expensive lens, such as 85mm f1.8, Yongnuo could be a better value option if budget is the limited.