We finally have the answer to the question that bothered us for weeks – how much will the PlayStation 5 cost.

If you watched Sony’s PlayStation 5 showcase, you already know the answer. But in case you didn’t, here is the PlayStation 5 price. More precisely – prices, plural.

PlayStation 5 price

As many suspected, the PlayStation 5’s two models will indeed have two different prices. The PS5 will cost $499.99 when it launches November 12. However, the Digital Edition will be available for $399.99. PS5 pre-orders will start on September 17 at “select retailers.”

$499 is the exact same price of Microsoft’s next-gen console, the Xbox Series X. The less powerful, digital-only Xbox Series S is priced at $299.

The PS5 Digital Edition costs $100 more than the Series S. However, it is as powerful as the PlayStation 5 and the Xbox Series X. It’s a serious competition for the weaker Series S, and I wouldn’t be surprised if gamers prefer to pay a little more to get a much stronger next-gen console.

The PlayStation 5 is set to launch on November 12 in the US, Japan, Mexico, Australia, New Zealand, and South Korea. The rest of the world will have to wait for November 19.

While you wait, you can watch the PlayStation 5 Showcase again, and see all the cool games you’ll be able to play come November.

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