Is there a cheap keloid removal option?

Keloids recur and you will have to take into account postoperative treatments and visits in the total cost of your keloid consultation. 

Unfortunately, keloids are difficult to treat, with a roughly 50% recurrence rate regardless of modality of treatment.  Keloids represent an abnormal healing response, with the initial scar growing beyond its natural boundaries in a botyroid (grape-like) fashion.  Most forms of treatment  will involve several intralesional injections of a potent steroid and/or other forms of anti-inflammatory agent, followed by excision.  Some advocate postoperative radiation to the site in order to minimize chance of recurrence. To answer your question: keloids are challenging, and there is no cheap or easy way to deal with them

The best way to resolve your problem is to cut them out. Your doctor will numb your ear with local anesthesia and you should not feel any pain after that process. You should prepare yourself for this procedure by purchasing compression earrings to prevent them from reoccuring after the corrective surgery. $500 is a very fair fee for this service.