this post was submitted on 30 Mar 2025
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Netflix Says Kids Don't Care About Consoles: '8-Year-Olds Aren’t Dreaming of PlayStation 6' (www.ign.com)
submitted 1 week ago by [email protected] to c/[email protected]
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[–] [email protected] 28 points 1 week ago* (last edited 1 week ago) (8 children)

Or are electronics getting to an unattainable price point? What 8 year old has $400+ for a console and $60 per game?

The Nintendo Entertainment System launched at $179 in 1983.

In 2025 dollars, that's $573.45.

Super Mario Bros. 3

which I think is probably the best NES game

ran for $50 in 1990. That's $122 in 2025 dollars.

[–] [email protected] 11 points 1 week ago* (last edited 1 week ago) (5 children)

What I find interesting is they never adjust for inflation wages. Like if you were making $60k a year in 1885. What would that be in today's money? That would be $178k. Or 118k for 40k in 1985. My question to everyone. are you making the 2025 values?

[–] [email protected] 1 points 1 week ago (1 children)

Your comment through me for a loop, initially I was thinking that due to changing baskets for calculating CPI/inflation that would account for wages, but that's really just cost for basic goods shifting. So I looked it up and found out there is the ECI (Employment Cost Index) which is tracking "inflation" for labor.

This site has the chart of CPI vs ECI and, not too surprisingly, they move mostly in unison. The chart does diverge from what I would expect (costs out pacing wages), but haven't had enough time to read into it.

https://www.bls.gov/blog/2023/more-ways-to-look-at-wages-and-inflation.htm

[–] [email protected] 4 points 1 week ago

Yeah this goes back to 2005 and you see the devergince in 2008 if you go back to 1970 you will see a bigger devergince.

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