The term "el cheapo" refers to something that is considered inexpensive or low-cost. However, there are several antonyms for this term that describe something of high quality or luxury. These antonyms include extravagant, deluxe, lavish, luxurious, opulent, plush, posh, pricey, and upscale. While "el cheapo" may be a suitable option for a tight budget, these antonyms suggest a higher level of investment to obtain a superior product or experience. These words can be used in a variety of contexts, such as describing a high-end hotel, a first-class meal, or a luxurious vacation.