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Adjective: exorbitant  ig'zor-bi-t(u)nt
  1. (of a cost) unreasonably high or excessive
    "exorbitant rent"; "The restaurant charged exorbitant prices for basic dishes";";
    - extortionate, outrageous, steep, unconscionable, usurious [formal], exhorbitant [non-standard], eye-watering [informal]

See also: immoderate