Capcom President Thinks Game Prices Are 'Too Low' - IGN

Capcom president Harushiro Tsujimoto claims that the prices of video games need to increase to meet ballooning development costs.

https://www.ign.com/articles/capcom-president-thinks-game-prices-are-too-low

Capcom President Thinks Game Prices Are 'Too Low' - IGN

Capcom president Harushiro Tsujimoto claims that the prices of video games need to increase to meet ballooning development costs.

IGN
Even the most terrible AAA games sell millions of copies these days. They more than make their money back with each one, they’ve just thought if they can get away with $60 -> $70 then why can’t they get away with more?
This exact thought (volume) occurred to me when I saw the headline. They like to say that the price of games hasn’t increased in line with inflation, but I’d be interested to know how big the market was in the 80s, 90s, 2000s and today. I’d bet the market is orders of magnitude bigger today.

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.

The Cost of Gaming Since the 1970s | TechRaptor

The cost of games is a debate that comes up quite regularly, so we took some time to analyze the cost of games now vs the 1970's.

TechRaptor
I’d be curious comparing these prices to median income or median disposable income.