We did a 5x10 addition as part of a much larger addition. By far it was the most expensive part. Every addition requires excavation and foundation work, and much of the cost involved is getting the equipment on site. So yes, an 8x10 addition (or a 20x10 addition) form a cost perspective is not that much more expensive.
Adding a second story isn't that much more expensive, and might make more financial sense than a very small addition.