No, video games are not getting too expensive

Based on these prices and adjusted for inflation, today's games "should" sell for at least $60 and $150, at most. Yet, this isn't the case.

The argument could be made that games at the time had everything on day one and that you didn't need to pay extra for expansions and DLCs, which is largely true but isn't always the case. Also, back then, you could rent and sell games. However, as we've mentioned, if video game prices kept up with inflation as with other commodities, paying $150 for a copy of a video game today would give you a "Collector's Edition" version, which comes with a physical copy that you could sell and trade as well as other collectible items, in-game bonuses, as well as access to future content for the game.

For example, Elden Ring, which won GOTY last year and is already in consideration as the GOAT of gaming, carried a base price of $59.99 for just a digital copy. A little further up the price range is the "Digital Deluxe Edition" at $79.99. Finally, the most expensive version, the "Collector's Edition", quickly sold out despite selling for $189.99. In exchange, you'd get a copy of Elden Ring, an exclusive steel book, a 40-page hardcover artbook, a digital copy of the game's soundtrack, and a 9-inch figurine of the game's most infamous boss, Malenia.

Other equally compelling games like God of War: Ragnarok, sold for just as much, with its most expensive edition (the one with a 16-inch replica of Thor's hammer, among others) going for $260.

Now, keep in mind that the most expensive variants of today's games, which come close to the price of video games some 30 years ago when adjusted for inflation, come with a lot of extra content aside from the base game. These are limited edition collectible versions for an enthusiast - not for all gamers. Most of us can get everything that the game has to offer, including a physical copy, for less than $100.

When you look at it from that perspective, today's video games aren't expensive - they're cheap.

Even when you consider that some games package "extra" content separately, games will literally need to sell for double their current sticker price to match the selling price of games throughout the 90s if adjusted for inflation. To make things worse, today's games cost more and take longer to make with additional expenses like advertising, publishing, as well as post-launch support, to consider as well.

Jason Schreier recently mentioned that starting a new big budget from the ground up will literally take up the vast majority of the current decade and the game will likely be ready for the next PlayStation and Xbox console. If we assume that the PlayStation 6 comes out in 2028, this means that developers will spend at least the next five years full-time on a video game only to be criticized for selling it for $70.

In such a cut-throat market with rising costs and slimming gains, it's no surprise then that so many video game company acquisitions are happening left and right.

The point that we're trying to make here is we're lucky video games didn't keep up with inflation and we shouldn't be too quick to call out studios for selling extra content to make more money.

However, if you insist that $70 is too much for a copy of a new game, don't worry. Microsoft and Sony have the Xbox Game Pass and the PlayStation Plus, respectively. These only cost roughly around the price of two full games for an entire year's worth of subscription, you'll get access to a boatload of video games, some of which will be available at launch.