It seems that new video games have cost about the same amount of money for a long time now. Perhaps it is because of the length of last generation and how we haven't had new consoles for about eight years. Since then, development costs have increased and we have seen a rise in microtransactions and paying for premium content, but through it all, game prices have mostly remained around $60.

For those living in Canada, this is about to change.

If you reside in Canada, expect to pay even more money for your video games. A quick look at the store page for EB Games/Gamestop and you will find the prices of PlayStation 4, Xbox One, and PlayStation 3 games have all raised by about five dollars. What is even worse is that they are not the only retailer to up the prices.

According to analysts, several other retailers are following suit. In a tweet by price watch group GameDealsCanada, major retailers like Best Buy are joining in.

Sounds like BestBuy & FutureShop will be bumping up their MSRPs by $5 as well. No ETA. Existing pre-orders should be price protected though. — Game Deals Canada (@GameDealsCanada) January 20, 2014

The fact that three major video game retailers are raising prices on next-gen games is a troubling sight and may give a glimpse on things to come. Will the price increases in Canada stay in Canada, or will we also see these same increases sweep across the U.S., Europe, and other parts of the world?

At what price will people stop paying for video games and look to other forms of entertainment?