A product of the ancient Brythonic Celts of Wales, the name Price, is from the Welsh personal name Rhys, which also took the forms Rice and Rees. The surname Price features the distinctive Welsh patronymic prefix ap-. The original forms of the name were ap-Rhys, ap-Rice, or ap-Rees, but the prefixes have been assimilated into the surname over the course of time and the overall spelling has been altered.
There are distinctly English instances of the name as well, and in this case, the name is thought to derive from the Middle English/Old French "pris," meaning "prize."
Life is short, glory eternal