Via Kotaku, Microsoft has told them that first-party Xbox One games will cost $60. They have also stated that third-party publishers determine themselves the pricing of their games.
Sony has yet to announce the standard pricing of PS4 games. Due to inflation, $60 today is like paying around $50 in 2006. 2006 is the year both the Xbox 360 and PS3 were new to consumers. The fear is that Sony might decide to charge $70 for PS4 games in order to keep making the same profit as they have before. However, in February Sony’s CEO Jack Tretton gave hints to CNBC what the pricing of games might look like on the PS4. He stated:
“We’re going to welcome free-to-play models, games from $0.99 up to those $60 games.”
All will be revealed this November.