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Definition of overpriced adjective from the Oxford Advanced American Dictionary

 

overpriced

 adjective
adjective
NAmE//ˌoʊvərˈpraɪst//
 
 
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too expensive; costing more than it is worth Thesaurusexpensive
  • costly
  • overpriced
  • pricey
These words all describe something that costs a lot of money.
  • expensive costing a lot of money; charging high prices:I can't afford it—it's just too expensive for me. an expensive restaurant
  • costly (somewhat formal) costing a lot of money, especially more than you want to pay:You want to avoid costly legal proceedings if you can.
  • overpriced too expensive; costing more than it is worth:ridiculously overpriced designer clothes
  • pricey (informal) expensive:Condos downtown are now too pricey for local people to afford.
Patterns
  • expensive/costly/pricey for somebody/something
  • expensive/costly to do something
  • very/too/fairly/quite/pretty expensive/costly/pricey
See overpriced in the Oxford Advanced Learner's Dictionary