Games have been very expensive for a long time. Thirty years ago, when the first PlayStation came out, games were already costing around £50. This is more than £100 today. However, the price of games has not really increased over the years. It's the consoles, like the Xbox, that have gotten more expensive. This is because of a shortage of computer parts, which are used to make the consoles. Companies are buying these parts to make their consoles, and this is making them more expensive.
The way we play games is changing rapidly. Games used to be finished in a weekend, but now they can take thousands of hours. This is because players want to have more control over their games and explore them at their own pace. For example, the game Zelda: Breath of the Wild changed what gamers expected. Players suddenly expected to have more control over their game, the ability to explore wherever they fancied, and to take it all at their own pace.
Some people are worried that gaming will become a luxury hobby because of the high prices. But, the price of games has stayed stable over the years. The problem is that consoles are getting more expensive, and this is making it hard for people to buy them. Additionally, the market has become more saturated, which means there are too many games available, and prices have to become more competitive.