I'd consider that a really high price. It's an odd price, but on the high side.
I don't consider Formula One to be "high end" tint. The cost of the material isn't there, and the labor shouldn't be jacked up accordingly.
"High end" tint shouldn't cost as much as it does to get installed, but I get why installers charge more. Those who want high end tint pick it because they're pickier, and being pickier, expect very clean installs in addition to their tint. Plus, it tends to go on higher end cars so they have more money.
Where'd you get this quote? Most of the Sacramento installers are in the industrial areas of Sacramento or Rancho. That price sounds like something an installer located somewhere like Folsom would try to pull.