A "typical" JPEG of what size?
For starters, the size will depend on the level of JPEG compression and on the pixel dimension of the image. Your camera already JPEG compresses the image; the size you see in iPhoto is the size of the image on the camera. When you open and then re-save the picture in Photoshop, Photoshop is using better-quality compression--but since the camera has *already* compressed the image, you do *not* get a better picture!
iPhoto takes the picture right off the camera. Photoshop takes the picture off the camera, uncompresses it, and recompresses it. This does NOT make for a better picture.
Also, unless you have told Photoshop not to, by default Photoshop puts a thumbnail preview, an icon, and an ICC profile into the file, making it larger.