High-price

Adjective describing goods or services that are characterized by a cost that is significantly above the average market rate, often reflecting premium quality, luxury status, or scarcity. A high-price item may attract particular consumers willing to pay more due to brand reputation, exclusivity, or added features that distinguish it from more affordable options.

High-price meaning with examples

• The latest smartphone model comes with a high-price tag, making it a luxury gadget that only a few can afford. Many users are drawn to its advanced features, despite the steep cost, believing it’s worth the investment for the latest technology and design.
• When shopping for a high-price designer handbag, Jane realizes her choices reflect her status among her peers. While it feels extravagant to spend so much, she believes that quality craftsmanship and heritage justify the expense, reaffirming her commitment to luxury fashion.
• During the art auction, the painting fetched a high-price, surprising many attendees. Collectors recognized its historical significance and brand name, leading to a bidding war that raised the cost several times above its estimated value before the gavel finally dropped.
• The new restaurant in town boasts a high-price menu featuring gourmet dishes and artisanal ingredients. While some patrons find the costs excessive, others appreciate the dedication to quality and creativity in food preparation, seeing it as an experience worth the splurge.