exorbitant
ig-ZOR-bih-tuntadjMeaning far too high, especially of a price
Memory hook EX-ORBIT: a price blasted OUT OF ORBIT. One cupcake for five hundred dollars? The price has rocketed right out of orbit: it is exorbitant.
The airport charged an exorbitant price for a bottle of water.
In context Though the concert was wonderful, many fans stayed home because of the exorbitant ticket prices, which had doubled since the year before.
Similar outrageous, sky-high, overpriced, steep
Opposite reasonable, cheap, fair
From Late Latin exorbitare, “to go off the track”: ex- (out of) + orbita (track, rut).