My name is Huw and I'm the developer of a game called Warsim: The Realm of Aslona on steam.
To date I have distributed just over 18000 copies since June 2017 (the game was in-dev for two years pre steam release), the game has been priced at $4.99 the whole time but some of those activated copies were from givaways, review copies, or sold at a discount during steam sales, and Steam takes their 30% etc.
I have relatively low costs and don't spend much outside of bills so I'm able to roughly support myself soley on this income.
I am planning on increasing the price of the game from $4.99 to $6.99 in the next month or so, this follows 3 years of regular steam development with over 100 sizeable public content updates released in that time, I've replied to all reviews left in the last few months and have been replying to basically all comments left on the games communities since 2017. I have a 1600+ subscriber subbreddit and a small patreon with 12 patrons set up a few weeks back.
The game is still in early access which is a means of people buying a game that is not yet fully released and complete. The game is basically finished but is just missing some promised features. I plan on announcing the price increase a month in advance and openly explaining my rationale, to ensure I can support myself and development. I will not abandon the project regardless but if income dried up it would definitely become developed a little more part time as I would need to find a new income source eventually.
I feel like the price increase is justified given the amount of work put into the game, it currently has a 96% positive rating on steam from over 200 reviews which is pretty unusual for a steam video game and I genuinely think it worth the price at $6.99.
My fear is that the game is quite niche and I wouldn't want to scare any potential buyers off but I hope potentially going forward as I further improve and promote the game it could continue to sell well but at a price point that would allow much more security and extra income.
Would love to hear what you guys think! :)