Xamarin Android memory footprint

I'm new to Xamarin and wanted to test it.

I just created a new "Android Application" project. The only changes I made to the project is change the Target Framework to Android 4.4 kitkat.
When I run this default created application on my Samsung S4 phone and looked at Android Device Monitor I see that the application consumes 17.018 MB (allocated heap). To see this I pressed the Cause GC button. see screenshot below.

Is this realy the memory that application takes? Isn't this a lot for such a simple app?

image

Thanks

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