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The phrase "price was" is correct and usable in written English.
You can use it to refer to the cost of something or the amount of money somebody is paid in the past. For example, "The price was too high for me to afford", or "The price was a lot lower than what I expected".
Exact(59)
No price was mentioned.
The price was dropped.
No price was provided.
Price was smiling.
Price was wearing jeans.
Price was a professional.
A price was agreed.
The price was $80.
And the price was right.
Then the price was low.
If the price was right.
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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