How Much Does a PS5 Cost? | The Best PS5 Bundles and Deals

If you’re on the hunt for the best PS5 price and deals, you’ve come to the right place. We’ve got you covered with the latest updates on PS5 bundles and more.

PS5 deals are making a comeback this week, especially in the UK, where offers have returned over the Bank Holiday weekend. While the US still sees standard pricing, there’s potential for exciting deals in upcoming sales events. This means you can still snag a PS5 bundle with savings this week.

From free consoles bundled with OLED TVs to PS5 packages including multiple free games, we’re far from the days of scarce stock. Discounts are aplenty, and we’re here to bring you the best value PS5 bundles and deals. Whether you’re looking for discounts on games or want to grab some top-notch PS5 accessories alongside your new console, you’re in the right place.

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What is the PS5 price?

The PS5 price is $499.99 in the US and £479.99 in the UK, with bundles ranging from $479.99 – $559.99 and £479.99 – £539.99. The PS5 Digital Edition is priced at $399.99 / £389.99.

The Best PS5 Deals Available Now

If you don’t have a particular game in mind for your first PS5 purchase, it’s worth considering standalone console deals. While these are rare, occasional price drops have been spotted, especially for the standard edition, primarily in the UK. The Digital Edition, however, has been a bit slower to follow suit. Below, you’ll find all the latest PS5 deals gathered from various retailers, with our price-tracking software updating every half-hour to showcase the best offers.

Should You Buy the PS5 Digital Edition?

In simple terms, the PS5 Digital Edition lacks a disc drive and is priced $100 / £90 lower than the standard version. Importantly, this reduced cost doesn’t compromise on performance; the PS5 Digital Edition matches the standard PlayStation 5 in terms of power and capabilities. It can handle all next-gen games in 4K with all the benefits that come with it. The key difference is the absence of physical disc support.

However, similar to the Xbox One S All-Digital from the previous generation, the PS5 Digital Edition may not be the best choice. In many regions, games purchased from the PlayStation Network (PSN) tend to be more expensive than their physical counterparts, with prices taking longer to drop. Additionally, opting for the digital edition restricts you from playing pre-owned games and older DVDs or 4K Blu-rays.

Despite the revamped PS Plus service and its tiers starting to rival Xbox Game Pass, it’s advisable to stick with the standard PS5 if possible. It offers more flexibility.

Is the PS5 Price Justified?

Is the PS5 price worth it? — (Image credit: Sony)

If you’re hoping for a slightly lower PS5 price, you’re not alone. However, when you break down the components and features, the PS5’s current price is actually fair value. If you were to build a PS5-like system using market-available components, it would cost significantly more.

Consider the GPU, for example. To achieve ray tracing at decent frame rates and resolutions, you’d need a graphics card equivalent to an RTX 2080 (such as the best graphics cards available). For 4K ray tracing, a powerful chip like the Radeon VII would be necessary. Achieving 30 frames per second at medium-high settings would require an investment of at least $800 / £600.

Now, let’s talk about the SSD. A 1TB NVMe SSD from brands like Samsung currently costs around $350 / £300. Sony claims the PS5’s SSD will outperform all existing PC SSDs, making $350 / £300 or more a reasonable estimate.

Taking all these components into account, we’re already looking at a build costing over $1,000 / £1,000. And that’s without considering other elements like 32GB of RAM, a Ryzen 7 equivalent CPU with 8 cores, and all the necessary components for cooling, power, wireless technology, and casing. These add an additional $500 – $800 / £400 – £700 at least.

The DualSense controller, with its haptic feedback and adaptive triggers, will also contribute to the PS5 price. However, this doesn’t mean the PS5 should cost over $1,000 / £1,000. Thanks to advancements in GPU technology and Sony’s cost-cutting measures, the PS5 is available at a more reasonable price. Furthermore, future models will likely see reduced production costs as manufacturing efficiencies are realized.

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Alan Henry

Alan Henry is the special projects editor at TechPCguide in New York City. He was previously Smarter Living editor at The New York Times and editor in chief of Lifehacker. He is also the author of the book Seen, Heard, and Paid: The New Work Rules for the Marginalized. He has written and edited stories about productivity and technology for over a decade.