General antonyms:
* Simplicity
* Modesty
* Frugality
* Sparingness
* Thrift
* Economy
* Sobriety
* Austerity
More specific antonyms:
* Prudence (opposite of reckless spending)
* Parsimony (opposite of excessive spending)
* Frugalness (opposite of wasteful spending)
* Minimality (opposite of elaborate spending)
The best antonym for "extravagance" will depend on the specific situation and the intended meaning.