Exorbitant means hugely overinflated. Those prices are exorbitant.
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EXORBITANT : excessive compared to the usual , often used as "an exorbitant price".
The chandeliers in the dining room were both exorbitant and expensive. His exorbitant lifestyle took him around the world. The check cashing service charged exorbitant interest rates.
I looked at the exorbitant housing prices.
'Exorbitant' is the correct spelling.
The correct spelling is exorbitant (overpriced).