Comment

Comment on As Gamers Express Concern About Borderlands 4 Potentially Costing $80, Gearbox Chief Randy Pitchford Says: ‘If You’re a Real Fan, You’ll Find a Way to Make It Happen’

Kissaki@beehaw.org ⁨3⁩ ⁨days⁩ ago

My local game store had Starflight for Sega Genesis for $80 in 1991 when I was just out of high school working minimum wage at an ice cream parlor in Pismo Beach and I found a way to make it happen.

What is 80$ in 1991 worth today? calculateme says 190$ adjusted for inflation (in 2025).

What about the minimum wage? dol.gov says $4.25, or $10.08 adjusted for inflation. Since 2009 it’s $7.25.

7.25/10.08 = 0,72 or 10.08/7.25 = ~1,40

80/60 = 1.33

So we have a decrease in minimum wage by 30%, but an increase of product price by 30%.

Is this correct? Does that make it 60% more expensive than his personal analogy from 1991?

Man, the two-sided percent reference point is confusing.

source

Sort:hotnew top

Tiptopit@feddit.org ⁨3⁩ ⁨days⁩ ago
I guess a better way to compare this, is the time you needed to work for the product.

So in 1991: 80 $ / 4.25 $/h = 18.82 h

In 2025: 80 $ / 7.25 $/h = 11.03 h.

source
- FurryMemesAccount@lemmy.blahaj.zone ⁨3⁩ ⁨days⁩ ago
  Don’t forget that today, people have less spare dire to skyrocketing housing costs and various other fixed expenses
  
  source
  - Megaman_EXE@beehaw.org ⁨3⁩ ⁨days⁩ ago
    Greedflation on necessities like food, utilities, housing etc etc.
    
    source