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Not sure where you live so can't really comment.

In Australia, NES games used to cost $99 in the early 90s

Switch 1st party games cost around $90 AUD.

Switch 2 games seem to be $109 AUD to $120 AUD if using a 64gb cart.

So to us the increase in a 30 year span is nothing when out disposable income is significantly more than in early 90s.

I am sure the US stupid TRUMP taxes have had an impact on this too somewhat,