Ken Shirriff:

Apple’s power adapter is clearly a high-quality power supply designed to produce carefully filtered power. Apple has obviously gone to extra effort to reduce EMI interference, probably to keep the charger from interfering with the touchscreen. When I opened the charger up, I expected to find a standard design, but I’ve compared the charger to the Samsung charger and several other high-quality industry designs, and Apple goes beyond these designs in several ways.

…

Apple’s design provides extra safety in a few ways that were discussed earlier: the super-strong AC prongs, and the complex over-temperature / over-voltage shutdown circuit. Apple’s isolation distance between primary and secondary appears to go beyond the regulations.

This demonstrates why Apple chargers cost what they charge.