How much do games cost to make these days?

How much do games cost to make these days?

Harry Ravenswood (Lead Designer, Kuju Entertainment) gives expert video advice on: What is a developer and what do they do?; What are 'easter eggs'?; Why do developers put easter eggs in games? and more...

Games are getting more and more expensive to make. It also depends very much on the platform that you're using. If you're looking for handheld games, increasing up, they're probably about $500,000 or about £250,000 upwards, to about $1,000,000 or £500,000. That's for a standard title, but then if you're thinking about the big console AAA titles, you're talking millions of pounds, anywhere from three million pounds to six or seven million pounds. It seems to be getting more and more expensive to make games these days, as the games are getting bigger and the game consoles are getting more powerful. The expectations are raised and that's how it's going at the moment with games.