I think I bought Shadow of the Beast for almost that much in 1988 or 89. Of course, it came with a t-shirt and cool Roger Dean poster, which added some to the cost.
Point being, games certainly were this expensive for a long time, and I'd agree with them being that expensive again, but for the money going to vulture capitalists who'll soak me via DLC on top of that. And I won't get a Roger Dean poster, even.