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Brii said:
Games have barely fluctuated in price despite inflation, staying around $40-$60. Adjusted for inflation, some games could would have been around 80 bucks. I consider it lucky that, despite the increasingly expensive costs to create the games themselves, the actual price haven't gone sky high to match the budgets.

Gaming today is much cheaper than 16 bit days when most games held at 100% and rarely dipped below 50% within a year of release.  I remember seeing Super Metriod so still $50 in 1996.  The PS1 started the push down in prices and reset expectations to get great games a year or two after launch for $20.