If anything is overpriced, tarsnap is -- or was, last time I compared prices. Also picodollars are a bit opaque.
I really wanted to use it and hoped it'd come out reasonably compared to alternatives, but I actually found none except buying a hard disk + raspberry pi myself and hosting it at a friend's place. That was cheaper by about a factor 2, which (at 3TB data) was too much to ignore for my student budget. This was about two years ago though.
That's probably the first time anyone's ever complained about tarsnap being too expensive, honestly. 'tptacek & 'patio11 bang on a lot about it being too cheap, and they're right. tarsnap costs a pretty minimal amount over the underlying S3 storage, but I'm sure if you don't really care about 99.999999999% durability a hard drive on a pi is great too.
Indeed. Resilio Sync is a peer to peer synchronization tool, so data is not stored in the cloud. If you want a permanent cloud peer, Resilio Sync has the option of creating encrypted read-only secrets that you can use on a cloud peer. Such a peer will participate in the swarm, but will only see ciphertext data.
The application does not ask or require root access. And they support Linux and FreeBSD as well.
SyncThing should also be mentioned. However, if you want to share folders to other people as well, Resilio Sync seems to be the best option.