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It's even more dire, because where in the developed world can you incarcerate someone for 14k? I would estimate that depending on the kind of treatment these people get, you're looking at costs of at least 50% GDP/capita, if not more.
US GDP/capita is around 70k USD, average costs per inmate per year are around 40k USD.
Germany GDP/capita is 46k EUR, average cost per inmate are at around 43k EUR.
So essentially we either kill them or house them inhumanely like livestock forever, OR we reintegrate them and use incarceration as a last resort, there is no other way. People who advocate for life in prison for anything but murder have no clue what they're talking about.
Apparently you can incarcerate someone in the US for $14K p.a. - though this is at the very low end. Apparently, it's $18K in Mississippi or $136K in Wyoming.
Sources vary, of course - but this is the general consensus on the ballpark figure. I don't think it's wise to use Germany as a proxy for prison costs in the US - the US has too big a prison population and too sadistic an attitude toward them for this to be a reliable reference. That said, average costs appear comparable, and I've provided the approximate range.