That seems to be in the range of the prices I'm finding. Look at the price this way: how much would a Walther cost? Or a Seecamp?
I am a fan of Beretta products though. I do admit that Beretta, are not universally like. If it fits your wife's hand, why not/. I do prefer a handful of metal over polymer for a carry gun. At that size, the extra weight isn't even noticable.