From Longman Dictionary of Contemporary Englishpay through the nose (for something)pay through the nose (for something)spokenPAY FOR to pay much more for something than it is really worth → pay
Examples from the Corpus
pay through the nose (for something)• The message is that the government will cut a deal with any threatened industry willing to pay through the nose.• But all-seaters don't mean all-safe so why should clubs risk bankruptcy and fans pay through the nose for an ill-conceived scheme?• They run over cross-country courses and pay through the nose for it.• That doesn't mean you have to pay through the nose for the privilege of an overdraft, however.• Many people end up paying through the nose for their car insurance policies.• Catherine, paying through the nose to search for fun and relaxation. 