Decades ago, Nintendo used to sell its games at a much higher price point. Then, Sony and Microsoft came and changed that. Now, things have come full circle and it's Nintendo that's late to the $70 party with The Legend of Zelda: Tears of the Kingdom on May 12.

But, don't worry. The expensive price tag of Tears of the Kingdom won't start a trend.
After confirming the earlier leaks of the $10 price increase for the highly anticipated Breath of the Wild sequel, Nintendo has clarified that it's not about to make Switch titles more expensive. In a statement sent to Game Informer, Nintendo has denied that all future Switch exclusives will be sold for $70, saying:
We determine the suggested retail price for any Nintendo product on a case-by-case basis.
Of course, this is just Nintendo's way of saying that it might start selling "some" exclusives for $70 for the Nintendo Switch but not all of them.
Keep in mind that for every Tears of the Kingdom, Nintendo releases a bunch of other "smaller" annual first-party titles that don't cost nearly as much and shouldn't warrant the same price point. The only question now is, which Pokemon and Mario game will get the higher sticker price first, or if Nintendo will wait for the release of its next Nintendo console to start selling its games for a higher price?
If you are picking up the latest Zelda game and a new Switch, then you're in luck as Nintendo expects to roll out more units for the third-best-selling video game console of all time this year.