Prices of video games and consoles have actually declined over time when accounting for inflation.
techraptor.net/…/cost-of-gaming-since-1970s
Here’s an example:
PlayStation 1
Cost at Launch (1995): $299.99
Cost Today (2020): $509.19
Average Game Cost (1995): $49.99
Average Game Cost (2020): $84.85
PlayStation 2
Cost at Launch (2000): $299.99
Cost Today (2020): $450.64
Average Game Cost (2000): $49.99
Average Game Cost (2020): $75.09
AAA titles going to $90 would actually be putting them back to PS1 and earlier pricing.