The below query basically gives the result by maintaining the order of the sizes in the list.
I have a Btree index on the size column.
Merge Join (cost=4.61..5165.38 rows=60000 width=46) (actual time=0.157..57.872 rows=60000 loops=1)
Merge Cond: ((price_levels.size)::text = t.size)
-> Index Scan using price_levels_size_idx on price_levels (cost=0.29..4111.05 rows=60000 width=14) (actual time=0.044..25.941 rows=60000 loops=1)
-> Sort (cost=4.32..4.57 rows=100 width=32) (actual time=0.108..3.946 rows=53289 loops=1)
Sort Key: t.size
Sort Method: quicksort Memory: 25kB
-> Function Scan on unnest t (cost=0.00..1.00 rows=100 width=32) (actual time=0.030..0.033 rows=9 loops=1)
Planning time: 0.667 ms
Execution time: 62.846 ms