“The Price Is Right” is a show of, by, and for complete idiots. Governments like China and Iran probably use it for anti-American propaganda: “Look at the Americans! Fat slobs! Jumping up and down like monkeys because they just won a flat-screen TV! Idiots! We will bury them! Ha ha!”
What’s interesting to do is watch on YouTube episodes of TPIR that were on back in the days of Bob Barker, Johnny Olson, and the original models (Diane, Holly, and Janice) and notice the audience and contestants. Sure, it was a loud show even back then, but that good number were dressed very nicely (dresses for the women and suits for the men) and only a few were on with jeans and t-shirts.
Nowadays, if I were to simply be in the studio audience in my jeans, white dress shirt (no tie), and leather blazer, I would likely be very formally dressed compared to basically everyone else there.