It does seem a bit excessive, but the battery is functioning normally, which means Apple will not replace it even if you asked and offered to pay them the $200 yourself.
There is nothing wrong with your utilization. Most likely, the battery's maximum capacity will settle within a range of a few percent. It may fluctuate up or down a percent or two between charge cycles, but the long term trend is down.
In any event you can't do anything about it unless it diminishes below 80% at which point you can decide whether it's worthwhile to replace it or not. That may be years from now. Until then familiarize yourself with the following:
Batteries - Apple
Batteries - Maximizing Performance - Apple
I also recommend reading Lawrence Finch's User Tip When to charge your iPhone or iPad - Apple Community.
As he writes,
"While this tip is specifically for iOS devices, the same principles apply to all other Apple devices (watches, AirPods, MacBooks) as well as most other manufacturer’s products that have Lithium chemistry batteries."