Submitted by NYC_Gamer 727d ago | article

The Real Cost of Gaming: Inflation, Time, and Purchasing Power

IGN:You think games, consoles, and handhelds cost more than ever? Think again. (Culture)

darthv72  +   727d ago
Wow...I have a $700+ Atari 2600 in my garage. better go dust it off and put it in my game room where it belongs.
specialguest  +   727d ago
This is very true. People who complained about the cost of video games going up have no clue that it was more expensive a decade or 2 ago. Inflation of money went up, but the cost of games didn't. Basically, we've been enjoying low priced games for a long time.
Hicken  +   727d ago
But cost of living went up, and wages haven't exactly risen to compensate.
specialguest  +   727d ago
Yes it has, at least in the US. Back during the 80s, minimum wage was between 2.50-3.50/hr. Then it rose to 4.25/hr during the early 90s. Now it's about 7.50/hr.
Hicken  +   727d ago
It's not comparable. Hell, just think about how gas has gone up since about 2005. From averaging around $2 to above $3. Bread isn't that much more expensive, but milk is at least a dollar higher, if not more.

Yes, wages increased, but they did not increase at a rate that kept up with the rise in the cost of living.

Edit: And that's not including things like personal debt rising like crazy, too.
#2.1.2 (Edited 727d ago ) | Agree(1) | Disagree(0) | Report
mydyingparadiselost  +   727d ago
This article throws up a bunch of pretty numbers but fails to factor in the price of having an internet connection for your console or the price of the monthly cost to keep that console connected online for multiplayer ( if that's something you do). The price of games has also gone up but that has been through DLC/ season passes. Last gen you bought a game and you had everything, now if you buy a game and you want everything (ie costumes, levels, characters,) your usually going to pay over $100 easy. The price of gaming has gone up quite a bit over the last 4 years or so it's just that we've been fooled to think the prices are still the same.

Add comment

You need to be registered to add comments. Register here or login
New stories

Triangle Service's DeltaZeal Landing on Steam This Week

22m ago - Triangle Service may not have one of the bigger library of shooters but every single one is a lit... | PC

PS Vita Exclusive Seraph of The End Gets New TV Commercial; Shows Glimpse on Gameplay

24m ago - Bandai Namco just released a brand newTV commercial of the upcoming PS Vita exclusive Seraph of T... | PS Vita

Top 5 Movies To See This Month

Now - The month of September has Johnny Depp portraying an enraged criminal, a group of climbers trying to make it home safely, and the return of the sur... | Promoted post

PS4/PS3/PS Vita Exclusive Steins;Gate 0 Delayed to Improve Quality, Gets Box Art for All Platforms

24m ago - 5pb. announced today that the upcoming visual novel for PS4, PS3 and PS Vita Steins;Gate 0 is goi... | PS3

Mediocrity Shines in Dragon Ball Z: Extreme Butoden | VGChartz Preview

25m ago - VGChartz's Chris Matulich: "Like many DBZ games before it, Dragon Ball Z: Extreme Butoden, looks... | 3DS

Disgaea 5: Alliance of Vengeance – 10 tips for beginners

26m ago - Gearnuke writes: "The latest entry in NIS’ popular SRPG series, Disgaea 5: Alliance of Vengeance,... | PS4