No, reexamination fees are less, as long you take your exam within a year after your first PMP application is approved.
The fees vary between members and non-members, and if it's a CBT (Computer Based Test) or a PBT (Paper Based Test).
Members pay $275 for a CBT test, and a $150 for a PBT test.
Non-members pay $375 for a CBT test, and $300 for a PBT test.
You can only fail up to 3 times during your eligibility year.