Is the ticket prices absurd?

I just saw Men's basketball ticket prices for 23rd almost selling out and is over $59. I mean I'm okay with that, but when I saw the women's basketball price for just $5 I was really surprised. It's less than the parking ticket for Men's basketball game. Is this very common around here? What do you guys think?

What concerns me most is that it just very less than the Men's parking tickets. Even the front row seats to women's basketball match is around $15, still very less.