After Hours Formalwear

Wow. When I used to rent tuxedos for Prom back in high school (which was not too long ago) I think they used to run me about $ 80 for the night.
Recently though, I went to After Hours at North Point mall to rent a tux for a wedding and it cost me $ 160 for one night !! Talk about one hell of a price inflation. What ever happened to the cheap rentals I got in the glory days of high school proms, when I tried to sneak in a flask of Jim Beam inside my the coat pocket?
The service at After Hours was pretty decent, but nothing spectacular. It was pretty much what you would expect from a place that rents formal wear.
I am pretty sure that if I wanted to purchase the Tuxedo and keep it for myself they told me it would run about $ 50 extra, bringing the total cost to about $ 200. I was tempted to just go ahead and buy the used tuxedo, but when the hell am I going to need a tux again? Also, chances are it will not match the next batch of groomsmen that I am paired with.
Oh, and I think I should address late fees. For a normal rental the tux is due the next day. If you are late they charge you $ 20 a day. My tux was actually two days late so I received a whopping $ 40 charge. Guess I should have just bought the damn thing after all.