Putting the Switch's price into perspective.

[Mummelmann]

Pemalite said:

The issue with pricing is that... It's competitors are not only more powerful (Xbox One and Playstation 4), but they are cheaper, have larger game library's, give away games with their subscription, cheaper accessories and more... Today.

Pretty much this, looking at past pricing doesn't tell us much about the modern market. Doubly so when Nintendo have chosen a tablet form factor, the likes of which didn't exist at the time of most of those home consoles' release. The modern market is just so changed, so very, very big and not one you can analyze simply by comparing launch prices adjusted for inflation.

And, as others have already pointed out, including OP; it's an expensive handheld for those considering it an option for a 3DS.