Inferior peach salad (5)
I believe the answer is:
cheap
'inferior' is the definition.
(similar in meaning)
'peach salad' is the wordplay.
'salad' is an anagram indicator (salad can refer to a mixture).
'peach' is an anagram of 'CHEAP'.
(Other definitions for cheap that I've seen before include "not doing much damage" , "bargain" , "A snip" , "Low in price or tastelessly showy" , "Mean" .)