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So recently I decided to convert up some ig with fantasy bits and noticed that the prices seemed to be cheaper. has it always been this way, or did it jsut start with the recentish 40k price hikes?

People generally need more Fantasy models for an army, so they tend to be on the whole cheaper. Some kits, like Chaos Knights (5 cavalry for around $30) are actually very good for models of that scale. That and within a unit there tend to be fewer options than in a 40k unit.