PlayStation’s fans seem to have a dream to buy PlayStation 5. Unfortunately, the price of the PlayStation 5 is expensive. The increase in the price is for both the digital and disc versions. So, how much is the price of PlayStation 5 in the retail and street market? What are the reasons behind the high cost of PlayStation 5 in the market? We have the explanation below.
The Price of PlayStation 5
PlayStation launches two versions of the latest console, which are the PlayStation 5 disc version and the PlayStation 5 digital version. The price is different when you buy in the retails and street markets. Based on the latest information the cost of the PlayStation 5 disc version is $499 in the retail. The cost is even expensive in street markets in which it reaches $1.024. How about the price of the PlayStation 5 digital version? It is the same. You can get a new PlayStation 5 digital version for $399 in retail. You even have to spend $990 if you buy this game console in the street market. It means the cost in the street market is $591 higher than the cost in the retail. The cost is including extra games, controllers, or accessories. The high cost of this product even triggers PS 5 owners to sell it online.
The Comparison Between PS 5 and Other Game Consoles
How about other game consoles? Is the cost of those consoles also expensive? This phenomenon is not only happening on PlayStation 5 but also on other game consoles including Xbox, Nvidia TRX, and AMD RX. For example, the Xbox Series X is $499 in retail, whereas the street price reaches up to $835. The Xbox Series S is $299 in the retail and increases drastically in the street market to $471.
There is no significant difference in the Nvidia RTX for PC. The Nvidia RTX 3060 Ti is the cheapest in which the cost is $399, whereas Nvidia RTX 3090 is the most expensive in which the price is $1.499 in the retail. The cost of these products doubled in the market. Let’s say the cost of an Nvidia RTX 3090 is $2.076 in the market, whereas the 3080 version is $1.227 and the 3070 version is $819. The cost of Nvidia RTX 3060 Ti in the market is $675. You have to spend up to $1.232 to buy an AMD RX 6800 XT since the retail cost reaches $649. For a cheaper option, you can use AMD RX 6800 in which cost is $841 in the market and $579 in the retail. The description above concludes that the cost of game consoles has increased significantly from retail. Indeed, they are even more costly in the street markets.
The Sales of PS 5 in the Online Market
One of the most reputable online stores can sell up to 1.000 units. It seems that people choose to buy the digital version compared to the disc version. Tragically, there is no selling at all for the disc version. It also happens in the Xbox Series X. Indeed, it is because of the costly price in the market. In contrast, PC gamers seem happy with the release of the new Nvidia and AMD graphics. Both of the products show good sales in one of the most reputable online stores such as eBay.
Experts predict that this condition will not stop soon. The high-cost makes these products impossible to buy at the market. On the other hand, some people were disappointed because they failed to buy certain Nvidia RTX versions in the online store. Some experts and gamers predict that it is only a market strategy. This situation happens many times for unknown reasons.
Things that People Do Dealing with This Condition
Some PS5 owners decide to sell their consoles due to the high cost. The plan is to earn the money from the sale and get another better option. For example, they may sell their PS5 and get an AMD RX 6800. The problem is that finding the AMD RX series is more difficult than finding a PS5 in the market. It seems that gamers have to think twice before buying or selling their consoles. You have to make sure that you get the best option whether you buy a new console or sell it and get a new one. If it is not, you can only wait until the cost is back to normal so you can buy it and make your dream to play PS5 or other game consoles come true. One thing for sure, gamers are always waiting for the latest improvement from these consoles.