Welll...it depends. If you count DLC, there are games that have greatly outpaced inflation.

The Sims 4 costs nothing for the "base game", but with all DLC -- and that is still coming out -- it's presently about $1,100.

Another factor is that in many cases, the market has expanded. Like, in 1983, it wasn't that common to see adults in the US playing video games. I am pretty sure that in a lot of countries, basically nobody was playing video games in 1983. in 2023, 40 years later, the situation is very different. The costs of making a video game are almost entirely fixed costs, separate from how many copies you sell.

So...if there is a game out that that many, many other people want to play, it's going to sell a lot more copies.

I don't really see the point in getting upset about a price, though -- I agree with you on that. I mean, unless the game was misrepresented to you...it's a competitive market out there. Either it's worth it to you or it's not, and if it's not, then play something else. If someone is determinedly charging some very high price for a game in a genre, and a lot of people want to play that genre and it can be made profitably at a lower price, some other developer is probably going to show up sooner or later and add a competitor to the mix.