How long have games been $60?

The $60 price point was effectively established at the start of the Xbox 360 / PS3 generation, back in 2005, with Activision in particular championing the new price point for the launch of its big headline franchises on the then-new consoles.

When did games start being $60?

The $60 video game dates back to at least the 1990s. Rarely has a game exceeded that price threshold in the three decades since, even as inflation drove the dollar's value to nearly half of what it was in the days of the Super Nintendo.

When did games cost 50?

$50 was the baseline price in earlier generations for some time. From roughly the PlayStation's launch in 1995 (the fifth generation) to the end of the sixth generation (the Xbox, GameCube, and PS2), most big-name games were priced at $50.

When did games go from 60 to 70?

Video games becoming more expensive isn't entirely surprising. Since at least 2020, companies like Sony have made it clear that, moving forward, game prices would be going up from $60 to $70.

Why is every video game $60?

The $60 price is mostly due to consumer expectation, so if you're Nintendo or you're Sony or Microsoft or any of the other game publishers out there, if you released your game the base level price being $70, $80, more than that, it's a strong possibility people just won't buy it.

Video Games Are About to Cost $70. They Shouldn't Even Cost $60

Are video games $70 now?

Inflation Hits Gaming: Microsoft Will Charge $70 for Its Biggest Titles in 2023. The price increase mirrors other major game makers, particularly Sony's PlayStation division.

Why are games $70 now?

Upping price tags to $70, van Dreunen said, is “largely, I'd say, a move by platforms and publishers to capture more market value.” In other words, companies can charge $70 now because they know people will pay it.

Are games still $60?

Console video games have stayed about the same price of $60 for over ten years. The price establishes a consumer expectation that the latest blockbuster game is going to cost you as much as you paid last year and the year before that. But video games have only gotten more complicated to make over time.

How much did games cost in the 90s?

An NES game in 1990 cost, on average, about $50. That's $89 in 2013 money. Your $70 N64 cartridges in 1998 would require the equivalent of $100 today. Heck, the $50 PlayStation 2 game you bought in 2005 is worth $60, the exact price of a typical retail game in 2013.

How much did games cost in the 80s?

There were also chip shortages that drove up prices in the late 80s. I remember most NES games being $39.99–49.99 new at the end of the 80s into the early 90s. Games that didn't sell out would usually end up discounted to $19.99.

Why are games 59.99 instead of 60?

Most storefronts simply take a percentage of ongoing sales, so there is no ongoing cost to the publisher/developer for keeping a game available indefinitely in digital form. Originally Answered: Why are the newly released games on Steam priced at 59.99$?

Why is Black Ops 2 still $60 dollars?

Because the developers/publishers decided to keep the price. Ask them as to why.. Cause that is how Activision is. I think they do that so they can do big discounts during the sales, making people think they are getting an excellent deal when it says soething like 80% off or some other high discount.

When did games start costing $70?

Further Reading. Publishers last raised their ceiling for game pricing back in 2006, when big-budget PlayStation 3 and Xbox 360 titles started retailing for $60 en masse. Take-Two was the first to break that ceiling in 2020, selling the PS5 and Xbox Series X editions of NBA2K21 for $70.

How much was a video game in 2005?

Back in 2005, Microsoft, Sony, and other game developers collectively decided the new standard price for a video game would rise, from $49.99 to $59.99. For the past 15 years, retailers have avoided punching through that number, even as inflation reduced its value in absolute terms.

How much has a AAA game cost over time?

Over the past 20 years, the price for a new, high-end game has gone from $50 to $60, and then to $70 starting in 2020. That's when Take-Two released NBA 2K21 at the new $70 price point. It was followed by Activision Blizzard with Call of Duty: Black Ops Cold War, and much of Sony's launch lineup for the PS5.

How much did 64 games cost?

Manufacturing cost

Rarely would a PlayStation game exceed $50 (equivalent to about $86 in 2021), whereas some Nintendo 64 cartridges were $79.99 ($133) like the first print of The Legend of Zelda: Ocarina of Time.

How much was a Game Boy in the 80s?

In the U.S., it retailed for just $89.99, making it a big hit there too. In its fourteen-year lifespan, 118,69 million Game Boys (including all iterations) were sold worldwide.

Why are Triple A games $70 dollars now?

Unfortunately for gamers that already think the current $60 USD price tag for new games is already high, we will soon see highly-anticipated games released for $70 USD or even more. The more expensive era of console gaming is a result of the ongoing inflation felt around the world and the outlook of publishers.

How long till video games drop in price?

Based on data provided by CamelCamelCamel, a site that tracks prices on Amazon.com, video games tend to start falling in price just a few weeks after release. During this time, the first price drop falls in a range of 3% to 6%. Take "Max Payne 3," for instance, which came out May 15 at an initial price of $60.

Why are games so cheap right now?

Because so many people buy and play video games now, game publishers manufacture more games and can sell them at a much cheaper price, adjusted for inflation, than they did 25 years ago. That's why video games today are so cheap.

Will PC games cost 70 dollars?

Next year, Microsoft will follow suit, too: The company told IGN that beginning in 2023, the standard price of its new first-party games, including Starfield and Redfall, will be increased from $60 to $70... Read more.

Why did games go up 10 dollars?

Because the publishers believe that the people owning those new consoles will be willing to pay that much for their games. Supply and Demand create a price equilibrium, and someone has determined that that will be at that new price, $10 higher than it used to be.

Why games are cheaper on PC?

Console manufacturers sell their hardware at a loss. To compensate for this, they charge developers licensing fees for using their platform. Therefore, it's more expensive to develop a console game than a PC game which requires no such fees.