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Even the ones that trick you by starting out cheap
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Saw a YouTube video yesterday of a sim racer hobbiest that spent upwards of $700+ on literally just a wheel, shifter, petals, etc. Like not even the seat or computer or monitor or anything. Literally JUST the wheel parts.
Which is crazy but I have no way to complain as I've spent like 1,000 on my computer setup at least even excluding the actual PC.
Then there's Steam..
* note I bought 2 steamdecks in that time and my account is like 4 years old
Compare yours with mine! https://help.steampowered.com/en/accountdata/AccountSpend
700 bucks for a wheel is kinda mid tier, I say this with a 300 buck logi wheel.
Starts getting pricing when the drive motor alone is 1000 -2000 see fanatec
If you're good enough you can compete against real NASCAR drivers. Much cheaper than even the most basic amateur racing such as auto cross.
Oh dear, I think I have a problem. I wonder if that counts keys bought for games from other sites like humble bundle redemptions? Even if it does, I guess I should focus on my backlog.
Uh oh, I've spent about $2,000 on my racing setup (moza r9 wheel base, SR-P pedals, RS V2 wheel, FSR Formula wheel, and ES wheel) and for me its been worth it, but it is ludicrously indulgent. Raced against (drove in the same race 3s slower a lap) a bunch of F2, F3 and F4 drivers and even Romain Grosjean. I was running on a cheap second hand G27 for 6 years before upgrading though, I would recommend going through that first to make sure you really want to race frequently enough to justify the cost.
Over a decade+ that's not horrendous. I've probably spent around $2000 on computers for gaming in that same period. I know people who've dropped far more than that in a single day for their hobbies so gaming really is a pretty cheap hobby