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

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

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darthv72932d 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.

specialguest932d 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.

Hicken931d ago

But cost of living went up, and wages haven't exactly risen to compensate.

specialguest931d 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.

Hicken931d ago (Edited 931d 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.

mydyingparadiselost931d 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.