Background: Bill and Meg were preparing to reopen a restaurant whose original owners died few years ago. Duke, the owner of a fishing boat, came in the restaurant with a mystery crate that he offered them for $500. He guaranteed the thing in the crate was something precious and rare, but they had to pay first before opened it. Bill and Meg didn't think they could afford it, with all the reopening costs they had to spend.Bill: $500 is on the steep side.
Meg: I don't think we can do this right now. With the reopening costs, it's...
Source: Haven, Season 1 Episode 4
Hi, does "$500 is steep" carry a different sense than "500 is on the steep side"? I guess "500 is on the steep side" is a bit more twisted and indirect than "500 is steep". Other than that, there's no difference at all.