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It ’s been a long time come , but fans have finally get word the price of thePlayStation 5 . The next - gen console from Sony was rumored to be engender a price reveal last hebdomad , but that did n’t happen . Once the companionship announce a PS5 Showcase for September 16th , however , exhilaration reached a fever pitch . at long last , fans would have it off how much the PS5 cost , and how presently it was releasing .
An event in June render off the PS5 and some launch - window titles , as well as a few otherexclusive game and new information science . However , a price and release date were nowhere to be find . Since then , rumors and passing water have lam rearing , with PlayStation fan eager to roll in the hay more about the next - gen console .
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It ’s been a strange and winding road that ’s pass player to the PS5 ’s price reveal and release date proclamation . The details were expected to be revealed last workweek in laurels of the original PlayStation ’s twenty-fifth day of remembrance , but then an unexpected Xbox Series X Mary Leontyne Price reveal seemingly cause that not to chance . Then , there were rumor theSeries X ’s monetary value had caused Sony to readjust the PS5 ’s cost . All that is in the past now , though , because the PS5 ’s price has been officially announce as $ 499.99 USD/$629.99 CADfor the standard version and $ 399.99 USD/$499.99 CAD for an all - digital console .
Why The PS5 Is $500
The price of the PS5 may be surprising for some , although rumors paint a picture before todaythat the cost of the PS5 ’s two versions would be $ 500 and $ 400 . The PS5 Showcase for certain take its metre getting there . After some surprise reveals of statute title likeFinal Fantasy XVIand extended footage from games likeSpider - Man : Miles Morales , the monetary value was finally revealed . There are a number of constituent to explain why Sony chose this cost for the PS5 .
The Xbox Series X was announced as being $ 499.99 last week , and if the rumors are reliable that it alteredthe PS5 ’s price , that certainly could ’ve become into Sony ’s intellection process . This puts the price of the PS5 at $ 100 higher than the PS4 , but still $ 100 less than the PS3 . The PS3 ’s high cost hurt gross revenue initially , so it ’s a smart move from Sony to place the PS5 under $ 600 . At $ 499.99 , the PS5 can well contend with the Xbox Series X and ward off the pitfalls of the PS3 ’s initial pricing .
Now that players know the price of thePS5 , all that ’s left is for pre - orders to go up . The next - gen console is scheduled to release in November . Now , all players have to do is wait .
Next : PlayStation 5 Showcase : Everything unveil At The September PS5 Event
