“What you see right there is variable pricing,” Bowser told The Washington Post. “We’ll look at each game, really look at the development that’s gone into the game, the breadth and depth of the gameplay, if you will, the durability over time and the repeatability of gameplay experiences.
AKA corporate greed.
I agree that, on paper, that is a reason for game prices to go up. However, I also think that on paper, there are reasons for it to go down at the same time.
For one, game budgets really should be controlled. A great many indie developers have put out superior products using the better technologies available. This often coincides with longer development time using a smaller team. You even see a disjointedness in AAA games now where it very much feels like 8 teams lumping their portions together.
Two, minimum wage has not gone up in the USA; and the reach of these games has expanded to many countries that (in part due to import laws) can’t even pay what were considered normal prices elsewhere. Many of these games they’re selling only hit viral growth when a lot of people are playing and talking about them, and we’re in real danger of big, expensive productions being completely out of people’s reach and thus dropping entirely off the radar.
i doubt dev are making minimum wage in the us they are usually making way more, so that shouldnt affect the pricing at all. i would question the employee if they were making min wage as a developer.
You misunderstand the relation of minimum wage to game prices. Video games, compared to other things like theatre, cool cars, fancy restaurants, are relatively cheap and high-longevity entertainment to be consumed at all income brackets; even if that means a single mom buying a used PS4, and one 140-hour Assassin’s Creed game a year for her son.
So raising the price in a country with such a HUGE low-income population can price out far more people than you realize. Even if inflation has grown, the budget has not changed for many of these people. It’s a broken financial system, yes, but that’s the situation.