There are a lot of products where free and premium competitors exist.

Perhaps the best advice is from Michelle Obama: "When they go low, we go high"

Consider aiming for high end users in your market, then you need far fewer customers to generate a decent wage.

For example if you charge 49 vs 9 then you need 5 x less costomers to hit your paycheck.

Just be sure to validate with real customers that the market can bear the price point you need.