In 1983, an Atari 2600 game such as Galaxian cost $32.99. If that sounds like a lot, remember that in 2009 dollars that’s more than $70.
The system itself retailed at $199, which is about $700 in 2009 dollars. The market was almost 20 million units strong, which is something like 25 million consoles in 2009 (adjusting for population growth).
So, also in 2009, when someone makes an awesome 3D game you can play on the phone you pull out of your pocket, some nerdwad somewhere will complain that $1.99 is way too much; should be 99c MAX.