Meanings of ridiculously overpriced in английском

Anyone who has travelled overseas knows grog in Australia is ridiculously overpriced.

With the two-hundred-dollar deposit I'd given the hotel manager, I needed another three hundred to pay for that ridiculously overpriced room.

How else do young people buy houses ridiculously overpriced by the activities of property speculators and their corrupt politician friends in the establishment?

He's either (at best) ignorant to or (at worst) apathetic about the effect the demand for his ridiculously overpriced shoes has on inner-city youth.