The word "extortionate" means charging a very high price or demanding excessive and unfair payment for something. Full definition
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The remainder of the rebuilding cost came from US, the fans who pay extortionate prices for tickets and merchandising week in week out in return for mediocre excuses from a sturbborn and out of date management! (justarsenal.com)
Our lawyers do not charge extortionate fees. (linkilaw.com)
And he was taking the piss out of movie stars that are paid extortionate amounts of money for what they do and should have slightly thicker skin. (filmjunk.com)