lofty, high, raise, high-priced
卬 centers on an upward or elevated state: something lofty, high, raised, or priced above the ordinary.
卬 is thought to depict a person standing beside another person who is kneeling or looking up, conveying the idea of height or raising. The exact historical development is uncertain.
The left side looks like a tall standing figure, and the right side 卩 is a kneeling person looking up. Together they show something lofty and raised high.
For キョウ, imagine a lofty Kyoto tower raised high above the city: Kyoto -> キョウ, and the tower stands tall like 卬.