There was a time when floppies were a thing for rich people as you can see in this ad. The price on floppy is more than twice the price on casette.
For the record, the prices are in the, back then, local Spanish currency: pesetas, and in Spain the . and the , are the other way around than in the US. So 1.199 translates as 1,199 and 2.995 translates as 2,995.