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The phrase "price tag" is correct and usable in written English.
You can use it in reference to the cost or monetary value associated with an item or service. For example: "I was shocked to see the price tag on this new designer dress."
Dictionary
price tag
noun
The tag or sticker attached to a product, displaying its price.
Exact(60)
The price tag: $499.
Price tag: $2 million.
And the price tag?
The overall price tag.
Its price tag: $21.9 million.
So is the price tag.
Total price tag: $3 million.
"Kind has a price tag".
A high price tag indeed.
The price tag says £1.59.
Total price tag: $7.5 billion.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com