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You also need to take into consideration that the minimum wage in Australia is 14.31/hr. The Federal minimum wage in the US is 7.25/hr which varies from state to state. You factor in the minimum wages, and you're paying roughly the same per game.

The biggest reason for the cost difference is Australia is an island. Islands require planes or boats to ship goods, which increases the costs of things. It's not THAT bad. ;)