These days, keeping up with the latest and greatest video game hardware is not cheap. PlayStation 5 launched at a minimum price point of $399.99 for an all-digital edition. In the past, console prices have fallen over time. But the current generation of console gaming is an anomaly thanks to the strained economy and global DRAM shortage. In 2025, the all-digital base console rose to a retail price of $499.99. Earlier this year, another price increase took effect, and now the lowest retail price of a PS5 console is a whopping $599.99, $200 over the console's launch price in 2020. So, there's absolutely a hefty price tag that comes with being a modern gaming fan.
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