You're asking a bunch of old farts who remember when things were cheap. If your clientele is young, price it high. Sounds counterintuitive since they typically have less money, but they will spend it.
I won't pay 8 bucks for "cheap" beer at a concert because I remember when it was 2 bucks. If you're 21, beer just costs 8 bucks. Someday they'll scoff at a $20 plastic cup of Budweiser.