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Jedah Doma | 8:05 PM on 03.22.2009 6 comments




You ever get one of those poorly put together dozen page booklets for your birthday? The ones that tell you a myriad of facts mixed in with articles about the year you were born? One of the topics they always cover, is how much stuff used to cost. When I was growing up, a new video game at a retail store was fifty bucks. From NES to even the Wii, that’s always been the way it was. With the advent of the Xbox 360 and PS3, games went up in price. In these tough economic times, I myself don’t purchase as many video games as I used to. I trade a lot and buy used when I can. Sixty bucks is a lot of money no matter what you’re talking about.

And to tell you the truth, it doesn’t really bother me all that much.

Of course you have a gallery of naysayers who whine and moan that games are now sixty dollars. But step back and think about it. In the over three decades home console video games have been produced, they have increased in price by just 20%. Sure, it sucks you have to pay more, but let’s put that into context. The national rate of inflation from 1980 until today is 157.5%. If videos games went up in price by the same rate, you’d be paying $128.75 a game! That’s the cost of Nintendo DS.

That’s not the half of it. In the 1980’s, a necessity like a loaf of bread would have cost you fifty cents (no not the rapper, the currency). Today, a loaf of bread costs around $2.50. Ergo, if video games went up by the same percentage, you’d have to pay $250 per game! Now you’re talking about a Nintendo Wii. That’s nearly a 400% increase over nearly three decades.

I could go on and on with the examples, but I think you get the point.

Some say this is only the beginning and that prices will only go higher. Maybe it will, maybe it won’t. I don’t know to tell you the truth, but for the time being, it’s sixty bucks. So the next time you scoff at a price of a video game, keep this in the back of your head and be thankful it’s not more.



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6 comments | showing # 1 to 6
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JohZho's Avatar - Comment posted on 03/22/2009 20:53
JohZho
Prices of games would stay $60 at the most for couple more years, prices will probably drop a bit due to digital distribution though. It might all turn out into a valve game kinda thing, very decent game first, more free content later.

Just a thought...
Jonathan Holmes's Avatar - Comment posted on 03/22/2009 20:56
Jonathan Holmes
I wonder is games weren't so expensive to make is they'd cost so much.

I'm a real dummy when it comes to this stuff, but I just assumed that because Wii games cost and average of 1/4 the money to produce as a PS3/360 games, that's why they were cheaper at retail.
hood_954's Avatar - Comment posted on 03/23/2009 01:16
hood_954
"$128.75 per game!"

http://www.ebgames.com.au/ps3/product.cfm?id=13062&refer=productsearch

Also,

http://www.ebgames.com.au/ps3/product.cfm?id=14299&refer=productsearch

pardon me, but I can't bbcode for shit.
Krow's Avatar - Comment posted on 03/23/2009 01:54
Krow
What is the exchange rate on Australian currency?
BlackFreefall's Avatar - Comment posted on 03/23/2009 09:44
BlackFreefall
The problem with the high cost of games is that certain games are not worth its value. Sure technologies are more advanced than the last gen, and requires more man power to develop for the current gens, but there isn't any revolutionize gameplay that could justify its rediculous amount. (Ex: Devil May Cry 4 plays similar to its predecessor but it does not warrant a $60price tag)
Jedah Doma's Avatar - Comment posted on 03/23/2009 19:12
Jedah Doma
Black, you have a point, but that has been the case ever since video games were created. Whether $50 or $60, some games aren't worth that money. That still doesn't make $60 any worse. Crap will still be around no matter how expensive it gets. :)
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