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PS5 Price Officially Announced By Sony For Regular And Digital Edition PlayStation 5 This November

The PlayStation 5 price has been a point of speculation for some time. No longer.

(image credit: Future)

Editor’s Note: Our sister site, GamesRadar, attended the Sept. 16 Sony Playstation 5 Showcase. Below is their report on the official release date and pricing for the much anticipated gaming console.

Sony has finally announced how much the PS5 will cost when it releases later this year. And if you’re looking to save some cash and ditch the world of physical media, then we can also tell you the price of the PS5: Digital Edition. And folks…. PS5 pre-orders start tomorrow on September 17. Oh, my.

We’ve been speculating for a few years now on what the PS5 price might be and as of tonight, we can finally tell you. In the US, the PlayStation 5 price starts at $499.99, and over in the UK you can expect a £449.99 price tag. The PS5 Digital Edition, which comes without a disc-drive, but is otherwise the same internally, is actually cheaper than we thought at $399.99 in the US and £359.99 in the UK. We were originally anticipating a much smaller price difference between the two PS5 models – so this is excellent!

As for the release date, it will actually be slightly staggered, which we didn’t expect. November 12 in the US, Japan, Mexico, Australia, New Zealand, and South Korea. November 19 for the rest of the world, which we hope includes the UK!

These PS5 prices are actually a bit cheaper than we were originally expecting a while back. That being said the recent confirmations of the Xbox Series X price meant we had a better understanding of what to expect from Sony. And given that ridiculously-fast and powerful bespoke SSD inside, we had every reason to expect the worst.

On the plus side, if you were to try and build one of the best gaming PCs or even something to rival the best gaming laptops, you’d be paying more – a lot more. Consumer habits have indeed changed in the years since the last console generation. Samsung and Apple are able to release phones on an annual basis priced well north of a $1000/£1000 with loyal customers lining up to get the latest model. Video game consoles are a bonafide bargain by comparison.

Now the PS5 price is finally out in the open alongside Microsoft’s console too, we can start looking ahead to the PS5 pre-orders which are opening very soon.

But with the Xbox Series X looking to rival even the best gaming PCs, we imagine Microsoft will have to obliterate its profit margins in order to undercut the PlayStation 5 price by a significant amount. Microsoft would be smart to chuck in something like a six or 12-month Xbox Game Pass to tempt players over to team green. Likewise with Sony and a PlayStation Plus membership.

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