Use 'pricey' when something seems more expensive than expected or compared to others. I liked the watch, but it was a bit pricey for its features.
Pro Tip 2/3
Subjective Perception
'Pricey' can be subjective; what's pricey to one person might be reasonable to another. Some might find organic food pricey while others believe it's worth the cost.
Pro Tip 3/3
Not Formal
'Pricey' is more casual and conversational; avoid in formal writing, like academic papers. We opted for the less pricey tour for our school trip.