Meanings
phrase
- idiomaticThe cost of a thing is reasonable and represents good value.
The price is right for this used car.
1 more example
The Government has thrown a lifeline to Alstom's Derby Works, with an offer of an order for ten Class 345 nine-car electric multiple units (EMUs) for the Elizabeth line - but only if the 'price is right'.
2024 May 1, Mel Holley, “Network News: Elizabeth line '345s' offer a lifeline for Derby Works”, in RAIL, number 1008, page 8
Origin
Usage began in the second half of the 1900s.
Full word history & related roots →Cite this entry
APA
price is right. (n.d.). In WatkinsX Dictionary. Retrieved November 5, 2026, from https://dictionary.watkinsx.com/word/price%20is%20right
MLA
“price is right.” WatkinsX Dictionary, https://dictionary.watkinsx.com/word/price%20is%20right. Accessed November 5, 2026.
Chicago
WatkinsX Dictionary, s.v. “price is right,” accessed November 5, 2026, https://dictionary.watkinsx.com/word/price%20is%20right.
Source: price is right on Wiktionary, CC BY-SA 4.0.