$10 monthly is not what I am willing to pay only for an IPTV. Paying 10$ for IPTV is not cheap at least in my country. Better i would stick to my cable TV where i pay 1.75$ a month or maybe use an HD box with it and it cost total 3$ a month.
If you plan to pay IPTV subscription each month, then I don't think that you will find much cheaper service than that. Those IPTV providers usually offer big discount if you are paying for a whole year in advance and then it ends up cheaper. I do know that it is a much bigger risk as service can stop at any time, but all people I know that have one of these illegal IPTVs are using it this way.
Or maybe i need to find an IPTV service provider in my local city, in order to get some cheap rates.
Cheap and good usually don't go together. What's the point of saving 2 or 3 dollars a month if service will be bad and you won't be able to watch anything on weekends when there's a lot of traffic.