It is not fair to say whether it is a good price, fair or crazy. You have to decide for yourself depending on your previous experience. One has to take all variables into account. The color for one thing is a very important variable. A blonde sheitel with different highlights cost more than a dark sheitel. Red hair is also more expensive because it is less available and harder to match. Better hair and a better well known company will charge for their experience and quality. The price usually includes the cut as well, so one has to take into consideration the experience of the stylist you are buying from and how much that is worth to you.
The fit of the sheitel is also very important. If you are hard to fit, or need custom sizing that is a consideration as well. If you will wear the sheitel everyday or if it is a Shabbos sheitel that won’t get as much use is another consideration. Is the piece a quality piece that will last a long time? Is it from someone you can trust? Usually you get what you pay for.
Many women look to buy a cheaper piece because they buy more often and therefore they justify each purchase with “it wasn’t such a good piece or I didn’t spend so much on it”. If you intend to use it for a long time, make sure it is a quality piece.
These are some of the reasons I am saying that one shouldn’t take it upon themselves to comment so quickly without even knowing the variables. Buying a sheitel is not as simple as buying a pair of shoes or a purse. It is an individual choice depending on ones individual circumstances.