“What happened with Legos? They used to be simple. Oh come on, I know you know what I’m talking about. Legos were simple. Something happened out here while I was inside. Harry Potter Legos, Star Wars Legos, complicated kits, tiny little blocks. I mean I’m not saying it’s bad, I just wanna know what happened.” — Prof. Cane – Community
LEGO® sets are not cheap toys. They are made to the highest standards and have the price to go along with it. However, in the past couple decades it seems that the price of LEGO sets has become outrageous. New sets can sell for up to $500 retail and old sets can sell for twice that in a secondary market. This is a children’s toy, right? There is no way LEGO sets have always been this expensive; it is just molded plastic. Let’s take a look at the history of LEGO pricing and try to figure out what is going on.