A British expression used to say that something is worth every penny, even if it costs a decent amount. When you call something cheap at the price, you're making the point that its value or quality far exceeds what you paid — or that the cost is frankly reasonable given what you're getting. Often used with a slightly impressed or approving tone, it's the kind of phrase your uncle pulls out after a good meal or a solid deal on a used car.
Four hours of live music and a three-course dinner for forty quid? Cheap at the price, honestly.
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(UK) Reasonably inexpensive.
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Regional slang from around the English-speaking world — British, Australian, Irish, Caribbean, Nigerian, Filipino, AAVE, and the hyphenated-English dialects that make the internet sound local.
See all Regional & Other slang on Slangora.