PS5 Retail Price $499

The PS5 Showcase just confirmed that the console will retail for $499, with the digital version coming in at $399.

In the UK we’ll likely see them at £450 and £350 respectively.

It seems the Xbox Series X|S pricing forced Sony’s hand into releasing their next gen console at a more affordable price, and not the $599/$699 rumours put it at.

Great news for gamers. These prices, coupled with Nvidia’s RTX 3000 series launching 17 September at a very reasonable price, mean this next generation of gaming will be much more affordable.