Hmm.... I got an awesome tattoo that covers the whole middle part of my lower back, it cost me 80 but I got it in Thailand. I don't know really what it would have cost in America but people always say it would have been wayyyyy more than 80, so apparently they are super expensive. I realize going to Thailand is probably not an option. lol One of my friends spent like 700 dollars on his shoulder piece, it's so crazy. I would probably never get another one until I go back to Thailand because now I'm spoiled.
So my answer is yes I think that would be too expensive for me, for a small piece. edit- I just realized I took the fact that it was two words to mean it was small, I suppose it could be two words written gigantically? That would explain the price.