How Much will the PS5 Cost?

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It is no secret that gaming is an expensive hobby. What makes it more so is the fact that every six years or so, a new lineup of consoles releases, bringing forth another wave of items for gamers to purchase. With the heralding of a new console, the internet immediately goes into a frenzy, speculating about prices. The PlayStation 4 has already let that particular cat out of the bag, and four hundred dollars is less than what people expected. So what about the PlayStation 5? What can we expect the PS5 Price to be? Should we start saving up now?

PS5 Price

There are certainly a number of factors to consider when asking a question like this. We should start by looking at current predictions and the actions of competitors like Microsoft. We’ll also need to look at the history of the PlayStation’s pricing, do some math, (yikes!) and see what inflation rates will have to say on the matter. Without knowing the exact hardware of the PlayStation 5, we can only speculate, and speculate we shall! Let us begin!

Gazing into the Crystal Moneyball: The Price of the PlayStation 5

Playstation 5 PriceOur current predictions put the PS5's price between $499 and $599. The price of the PlayStation five depends primarily on two major factors: The state of the economy, and the availability of hardware.

Our first major factor is the economy and rate of inflation between now and the system’s release in roughly two or three years. If the value of the dollar stays the same, or fluctuates only slightly, I would estimate a price range between five and six hundred dollars. This is taking into account the no doubt cutting edge technology that the system will include.

Let’s assume the value of the dollar goes up, and inflation decreases, then we could see another price like the jump from PS1 to PS2 in which case the system would most likely cost four hundred dollars, just like the PS4. This is less likely though, considering the current state of affairs in our economy and government.

It also depends on how low the price of the PS4 manages to go before the PS5 is released. After all, this would be a clear indicator of both our aforementioned factors. If Sony can sell the PS4 or the PS4 Pro at a lower price, then it stands to reason that the PS5 can afford to be sold at a lower cost than we would expect.

How low will the PS4 go before its successor is released? To answer that, we turn to our favorite analyst, Michael Pachter. His predictions are always interesting and worthy of discussion. His comments on the 1099 Podcast are no different.

During the podcast, he predicted that Sony would wait until the PS4 Pro was the standard system before they would bring out the PS5. Once this is the case, he predicts that Sony will lower the price of the PS4 Pro to $250 if they can afford it. Seeing as how the console sells for $399 at launch, this would be quite the price drop.

While it is low compared to the launch price, it could position the PS5 to sell for $499 as the newest console. By making it twice the price of the current system, it would be a pricing model that Sony's competitors have used before.

Take Microsoft for example. The Xbox One S sells for a standard price of $249 in 2017, while the Xbox One X sells for $499. This pricing model makes sense from a consumer standpoint as it clearly shows, from a pricing standpoint, which system is the older one and which one is the newer one.

It's interesting, because you would expect Sony not to lower the price of the PS4 Pro in this scenario, as they would be losing money, but in reality the lower price could stand to boost sales of the older system even after the PS5 releases.

By releasing a product that is double the price of the current system, Sony effectively makes the PS4 Pro look like a steal, while also introducing the new system at a competitive price point because it's $100 more than the PS4 Pro was when it first released.

This is a tactic called The Contract Effect. It may not be the sole reason for Sony's potential pricing, but it does play a factor, and it supports both Michael Pachter's theory about the PS4 Pro price and our theory about the PS5's ultimate release price.

PlayStation’s price tags

Before we can look at the potential price point for the PS5, we need to look at the pricing trends Sony has used in the past. These trends will help us better understand how Sony plans to price the new console:

Playstation Price History
PS1 $299 December 3, 1994
PS2 $299 March 4, 2000
PS3 $599 + (depending on model) November 11, 2006
PS4 $399 November 15, 2013
PS5 $399? Release Date

The price of the next console is the question we're here to answer today. It seems like Sony doesn't want to alienate gamers with a massive price tag again. If we look at the PS3 and PS4, it's clear that they learned from their mistake with the third console. That being said, the form that the PS5 takes will drastically change the ultimate price point. Let's look at the possibilities, shall we?

History tends to repeat itself:

When the original PlayStation launched in 1995, it was priced at three hundred dollars. Back then, I would have had to save my allowance for--well, let’s just say I’d probably still be saving. The PlayStation 2 released five years later for the same price. Then of course we have outlier: the PlayStation 3. When that one released, it was a whopping six hundred dollars!

PS5 Cost

At the time, this seemed like a lot of money for a game system, but what most people didn’t consider was that the PlayStation 3 was also a Blu-Ray player. Many stand alone Blu-Ray players of the time were close to a thousand dollars, so this was quite the deal in that regard.

Eventually, the price came down to compete with the Xbox 360, but the fact of the matter was that Sony was losing money, even with the six hundred dollar price point. The reason? The PlayStation 3 had new technology, something that was fresh, and costly. At the time, Blu-Ray was just beginning to hit the scene.

Now we look at the PlayStation 4 and we see a far different story. This new console is coming out at a four hundred dollar price point. Why the sudden drop? Well, as mentioned earlier, there are a number of factors that contributed to this price point.

One of which is the fact that the PlayStation 4, unlike the PlayStation 3, isn’t utilizing any kind of recently released or overly expensive technology. It is more powerful than the PlayStation 3, ten times more powerful according to Sony, but it uses established technologies that have achieved multiple methods and thus, less expensive methods of manufacturing. When something becomes readily available, it costs less to make.

The PlayStation 4 is the evolution of the PS3, but what about the PlayStation 5? This is where things can become expensive. You see, as mentioned in our other articles, the PlayStation 5 will be arriving in an era of massive technological change.

The next generation console will have a wealth of new and exciting technologies to take advantage of. This is good for the games, because everything will be infinitely more advanced, however this also means that the PlayStation 5 will be jammed packed with expensive hardware to create those experiences.

I am imagining a somewhat significant price jump when it comes time for the PlayStation 5. This is a result of the gargantuan increase in technology that we are anticipating over the next few years. It is difficult, nigh impossible to put a price point on it, so let’s discuss another major factor before we go down that road. Hold on to your butts, this is where the math comes in.

Oh, the Options You'll Have: 2 Versions of the PS5 (Plus VR)

Over the course of a console life cycle, it's not uncommon for the gaming machine to go through several versions. Usually you get a slim version with better cooling and a larger hard drive, but when the PS5 releases, Sony is going to look into providing two versions of the system to reach a wider audience. Our speculations also predict that PlayStation VR will combine with augmented reality to replace a handheld system like the Vita and be offered as an add-on for those who want to take their games on the go with a newer and better versions of Remote Play.

One version of the PS5 will provide all the bells and whistles. We're talking a massive solid state drive (SSD) that will be up to 128 terabytes in size! You'll also get backwards compatibility and a few other exciting features. Then there's going to be a "Core Experience" that will offer the basics that casual gamers will need to enjoy the PlayStation experience. If all of this is sounding amazing or crazy (or both) be sure to check out our full article on the 2 versions of the PS5.

A Lesson in Economics: How Inflation will Affect the PS5 Price

Playstation 5 CostFrom what I recall, I got a decent grade in economics in high school, once I was out of my general education in college, I left math on the side of the road and never looked back. For the sake of you, my dear readers, I will once more tread that narrow path suspended above a black abyss of confusion and uncertainty.

First thing’s first, a quick lesson on inflation for the benefit of myself and anyone else reading this who’s last brush with economics was in high school. So, the straight vanilla ice definition of inflation is as follows:

A general increase in prices and fall in the purchasing value of money.

Essentially what this means is that inflation occurs when prices go up as a result of high demand and low supply. Take the PlayStation 3 for example. Everybody wanted it, but no one had it in stock. This kind of situation creates inflation over time because manufacturers can charge higher prices for items that are equally high in demand, but low in supply.

Playstation 5 CostThe process of inflation also affects how much a single dollar is worth. Of course, a dollar is always a dollar, but the actual value of it changes based on inflation. For example, a dollar today is worth far less than a dollar two decades ago. A dollar from then would be worth over twenty dollars today!

A recent article from IGN discussed the cost of gaming in regards to inflation over the years. Colin Moriarty, the article’s author made an excellent point in regards to the price of game consoles:

“The PlayStation 3 may have seemed expensive when it launched at $599.99 in 2006 – and it was – but it’s not the most expensive mainstream gaming console. That honor goes to the Atari 2600. Launched in September of 1977, the Atari 2600 cost $199.99. When taking into account the 258.9 percent inflation rate between 1977 and 2013, the Atari 2600 cost the equivalent of $771 today.”

I don’t know about you, but that seems like a steep price point for a console whose lasting legacy includes the likes of Pong. As of right now, the rate of inflation is smaller, and more steady. Ten years from now though, the inflation could be different. Better or worse, it’s hard to say, but the fact of the matter is that the value of the dollar is low and the prospects aren’t looking too good for the future.

How much do you think the PS5 will cost? What would you be willing to pay for one? Tell us in the comments!

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Comments

Ps5 Cost

The Ps5 I Would estimate Top 600 i would think they would price it at 450 Dollars

PS5

It will be around 500 to 600 dollars

Price

This could change, don't be sure.

Ps5

No it will be in 399.99 not in 5000 even 9000 even 5000 it will be in 399.99 dlls plus tax will be in 400 dlla

I laugh at you

Seriously playstation vr gonna make it expensive were talking 7 years from now vr will be cheap because well be onto new and better things... Dont try and guess 7 years in advanced because what you create now could be just another dreamcast and iut dated system from day one. Due to the technology out in 7 years we have no clue what it would be or will be

I think I will manage to buy it

Yup. I think sony Is not crazy. The price will be up to 450 € , because in that way they will ne more customers. Calculate it.

LMAO

The comments on this site are wonderful. I wish everyone on the internet could find this little treasure trove of jewels. Half of the people think that this is a Sony website genuinely asking fans if a price is too high, others have found the worst possible translation assistance and then there are the 10-15 year old kids who are trying to find anything to do except their homework (seriously, do your homework). A small group of you do not fit into any of these categories and are just here to feed the trolls. Oh the beauty that lies in the internet depths.

How much $

I would say about $573

Price

I would leave the price at 399 if you go higher you will lose them especially the way our economy is doing not much people will pay more for the system

Cost analysis

I would say it should be 2500 sar so that everybody can enjoy and love it....... they are working for more powerful console or virtual then PS4 but they should also work to reduce the price so that everybody can easily reach.....thanks

ps5

600 USD

Your an idiot. Sorry but you

Your an idiot. Sorry but you are. Do you have money to burn? I could buy 3 phones with that money! Even a good quality smart TV

ps3

i like it very much i can't dream my life without it ps3 for ever

450 is a good match i will

450 is a good match i will wait till i get a ps4 and get a ps5 game and upgrade

PS5 Price

Trust me guys, if it crosses the $1000 barrier, only Bill Gates will buy all the PS5 that will be manufactured!!! $500 is the best price.. XDXDXD

money

Anyone that would pay over 250.00 is stupid..................................

ps5

it should cost about 500$

PS5 Price

Thanks to the competition I believe they will price the PS5 to be affordable and very competitive. They make most of the money from games so better the price the consoles low.

PS5

I understand where your coming from but don't forget the PS4 was basicly $400 but also on the other hand it could be an improvement on price.

KING

I like ps 5 will quickly see it in my voltage so much ps 5 is much cooler than 4 ps ps 5 is able to be on the virtual mass mail it's really cool , I can agree with you and I want to see it thank you for listening .

PS5

I THING ITS PRICE IS $10000

PS5 Cost

I don't think it should be over 500...Maybe 550 if it has a good headset and not that piece of sh*t we got with the PS4.

Ps5?

Well my PS4 cost $399. But sometimes it lags in Star Wars battlefront although I've checked and it isn't battle front it's the PS4 so I think if the ps5 runs smoothly it would be worth about $700.

It is so great I wish my

It is so great I wish my parents could buy it for me when they are coming back from state

no

lets see here the new playstation 5 will cost high at 500.00$ when it first comes out into market

Ps5

Atleast $500 for rich and poor

ps5

Aye im thinking 900 because ps is developing and its gonna be good plus lincoln hill here boiiiiiiii

ps5 price

If we are in fact going with a virtual reality gaming device we need it to be more powerful than anything before it and if we are going to try and go full dive that's even more power yes I know Sword art online did a very good thing by showing the risks of such a system but the full dive system would be more fun and it would actually sell more than a non full dive system make the ps5 550 dollars for just the system make it 700 for the system plus the full dive tech get some people who are willing to test it get it going let's do this now mind you the estimates price of a full dive system is 200 dollars a unit or more remember that we spent 600 dollars on a ps3 when it was new and with inflation and everything that would be like spending 769.87 today just something to think about guys remember you have to pay for the new tech that we all want the ps5 to be capable of ps4 didn't have any new tech involved ps3 was a bluray player thus the price

ps5 price

It shuld be $300 to $500

ps5

been calling for it before playstation 4 came out...been ranting over it on any forum I find.virtual reality IS NOT NEW.military has been using it for many years.well before playstation 4. going back to playstation 3 maybe even sooner.been screaming for virtual reality when saw ability to ps4. because sony finally gets off there butts. to put in OLD TECHNOLOGY TO PLAYSTATION 5?????get real.some colleges use virtual reality.some businesses use it for training employees.vr is old news.whats new.takes sony long enough to put in a unit.

Ps5

It's difficult to predict what the price will be because we don't even know when it will be released. However, if it is a console and not some cloud-based nonsense, I will certainly purchase it because I switched to Sony from Microsoft due to the durability of their systems. I expect it to be reasonable and probably with multiple tiers to purchase from starter to bells & whistles.

Price

I think it will be 450-650 because ppl can't really just throw down that much money or no one would buy it because 1000 is to much so I'm saying 450-650 maybe even 550 but nothing over 650

Sharky

I think make it a reasonable price so that people might actually buy it Recommended Price $: 300 Pounds 3000 HKD 386 USD

Ps5

Don't care how much!! As long as it plays all games from the ps1 to ps5, I have games collecting dust on my shelf, I would gladly pay more for that service, I did not buy a PS4 because it was not backwards compatible, and if the ps5 is the same as the PS4, I won't buy it ether, I will make a switch....as will many people

COST OF PS5?

Well,I hope that it will be around $450 to $500 as that is a reasonable price from my point of view.SONY,pls let the price be lower than $600!

price

I think it should be $600 because ps4 pro was $400 bucks I think every ps console should be either $50 bucks more or $200 bucks more I say the highest price should be $1,079 peace out

Playstation 5

I bought the playstation 4 and was very disappointed with it I didn't think it was that much better and I would have kept my ps3 and the prices of the games for the ps4 did warrant it's length of game play so the ps5 will have to be a lot better so I don't think I would pay any more then three hundred and fifty pounds for it

My name is nobody

Why be concerned with what might happen in 2018....tomorrow may never come.Worry about more important things in life. That said I would guess $499 to start, then $399 after 6months of it being in stores.

Price

I thing that the price of the PS5 should be the same price as the PS4 because when people buy the PS5 they will be putting money on it of game, PSN, DLC and more

Price

Its going to be a million dollars

PlayStation fans do not fear

Plans for the PS5 are have been in development since the release of the PS4 since late 2013. But will not be released for the United States for some time to come. When? I do not know exactly. I work in the marketing dept. for a company employed and deployed by Sony. And know that the console itself has not yet even been designed as an exterior. But it will be under $400 usd

PS5

You guys are crazy if you guys think paying $1,000 or more for a game system . Who has that kind of money those days? I know I dont. But I guess if all want to waste that kind of money your more crazier than go right ahead. I think it should be $299.00-$399.00 but no more than that. Because you crazzys forgot one thing to think about is on how much the games itself. Now thoes should be $25-$30 and not $65-$80 each game.

My concept+estimate price

My concept is that the PS5 will have a smaller, yet still PS-esk box. We're looking at the standard model, which will have 5TB. The Dualshock 5 will take after the Dualshock 4 Pro's design, and will have a PocketStation2 accessory included, to compete with Nintendo Switch. There will be an improved VR System, and improved PlayStation Move, which will have a thumbstick and ΟΧΔ□ Buttons bellow the Move Button. The system will be completely digital download, so no discs, disks or cartidges. Included with Standard Package: The PS5 Console (5TB), Dualshock 5, PS Move 2, PocketStation 2, PScamera, Optional PSVR2 With PSVR2: 699.99$ Without PSVR2: 399.99 Price of Floating Concept: 2,999.99$ Price of Portable Thing Concept: 799.99$ Price of Hologram Concept: 999.99$ Price of Honeycomb Concept: 699.99$

worth it

Well I would say it's worth getting it for $500 because the ps5 has a holographic circle that lets you see the characters,missions etc.has better quality than any ps4.so if you have $500 or less than good luck

$499+

Look at the ps4 pro and Psvr Pro $399.99 VR.with cam. and move controllers $499.99 So put them together in one and add a SSD you get two systems one with VR at $999.99 And one for 8K TV $499.99

PS5 Cost

I agree with the two versions, I think there will be one version that will only cost $400 and there will be a version with vr and other stuff included that might go up to $1000!

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