Well, in that context one can also say that a €447 pair of shoes is ridiculously expensive, a €447 bike is ridiculously expensive, a €447 telephone is ridiculously expensive, etc.
Well, at this point it's not even ridiculously expensive; €100 would be ridiculously expensive already.
> a €447 bike is ridiculously expensive
Nah, a good bike can easily cost as much; it's an investment similar to buying car.
> a €447 telephone is ridiculously expensive
It is and it baffles me people are willing to spend even more.