Yes,that is a fair price.You should have gotten an estimate.I assume you didn't.There are people out there that just need a little to supplement their income and don't charge what the market value is.Maybe next time you can find one of them.Shop around.You can find someone to work cheap.But keep in mind you get what you pay for.A "simple meander"can be pretty hard.You need to make sure the density is the same all over the quilt.Try it on your own.It isn't easy.And then the cost of the equipment and thread.Well it is all expensive.In my area no one will even talk to you for less then 2cents a square inch.