I remember as a kid I had one of those huge crayon piggy banks and I saved up 75$ for the SNES version of Street Fighter 2… I can only imagine what that translates into today… : (
Yes, I remember I bought The Lion King for Sega Mega Drive for 149.000₤ back in the days (you could think of it as basically 115€ in today's scenario lol), and the average price for PS1 games was 99.000₤ (like 75/80€ today). That's why I'm very surprised games still cost the same or less 30 years later, considering the budget of today's games.
You're absolutely right, but that has nothing to do with gaming. You're talking about two different things. Gaming is a luxury hobby, and relative to the things you mentioned, inflation in gaming isn't even in the same universe. Perfect example, people still find a way to afford their gaming hobby when young but can barely afford the things you mentioned if at all. Why is that?
Any comments regarding finance need to look at the big picture. Saying something costs X amount of money means nothing if you don't know how much money people had at the time.
And I don't necessarily agree that gaming is a luxury hobby. It was designed for children in the time period he mentioned. And parents had no problem buying games for their kids. The NES had a game/console attach rate over 8. Which was better than most of Nintendo's later offerings.