Expensive
Definition 1 of 2

Perception of Quality
Expensive often implies higher quality and exclusivity, which is why people assume such items are better.

He invested in an expensive suit for the interview to make a good impression.
Subjective Term
What is considered expensive varies from person to person based on their financial situation.

A $100 meal is expensive for some, but not for others.
Cultural Differences
Expensive is relative; something expensive in one country might be cheap in another.

Electronics are more expensive in Brazil than in the United States.
Compare with
costdearexorbitantextravagantoverpricedpriceyprohibitorysteep
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