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Why Video Games Should Actually be More Expensive

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Why Video Games Should Actually be More Expensive

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Lauren Aguirre - paypath.com

October 26, 2017

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The cost of making video games is increasing due to the demand for better graphics, stories, sounds, and pictures, leading to higher game development expenses. In the past, games were cheaper to make due to their basic features, but now improved technology requires more advanced games. As living costs rise, AAA titles are becoming less affordable, especially when considering the cost of new consoles or PCs. Game development is a time-consuming and costly process, with intricate details and vast worlds requiring numerous resources. The average selling price of games has increased by 12% since 2017, with major launch titles seeing significant price hikes, sometimes reaching £70 in the UK. The rising cost of living, including housing and food and beverage, contributes to the perception of high game prices.

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Is gaming getting cheaper or more expensive?

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Is gaming getting cheaper or more expensive?

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Victor, Jake - koho.ca

2023

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Video Games Keep On Getting More Expensive

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Video Games Keep On Getting More Expensive

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LIANG, LU-HAI - thegamer.com

MARCH 8, 2023

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"Gamers are expecting more content with better graphics, storylines, voice acting and quality animations."

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Demand for enhanced graphics, better stories, captivating sounds, and better pictures increases game development expenses today.

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In the 90s, games and consoles were scarce and had basic features. Today, creating a similar game would be inexpensive, but improved technology demands more advanced games.

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"games seems less accessible to those who don't have the $60 to $70"

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Bennett, Alice - impactnottingham.com

March 12, 2023

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Rising living costs drive up game prices, making AAA titles less affordable for those without $60 to $70 to spare, along with the expense of new consoles or PCs. This impacts both existing players and newcomers looking to experience these games.

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Developing and releasing games is time-consuming and costly due to intricate details, vast worlds, and the need for numerous resources.So expecting game prices to be lower is unlikely.

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The average selling price of games increased by 12% since 2017. Last year, major launch titles saw significant price increases, with some selling for £70 at launch in the UK.

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"Factors responsible for this pricing change include country demographics, import tariffs, sales tax, and retro game collection."

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"$75 in 1997 would equate to about $120 in 2020, which is certainly a steep investment."

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Why you can’t compare video game prices today to those of the past

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Why you can’t compare video game prices today to those of the past

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CASPER - legacyofgames.com

11 MAY 2024