How Much Does The PlayStation 5 Cost? Get free games with PS5

How Much Does The PlayStation 5 Cost Digital and Standard edition

The PlayStation 5 is the next generation of video game consoles from Sony. The PS5 is launched as a successor to one of Sony’s best-selling consoles, i.e., the PS4, and that too in two different versions. The PS5 was launched in November 2020, and you might be wondering how much does the Playstation 5 cost? And is it worth the price? Read on to found more details.

PS5 has been launched in two versions: PS5 digital edition and PS5 standard edition (having 4K Bluray disc drive). The Cost of both PS5s are: 

  • PS5 Digital Edition costs $399.99 USD / ¥39,980 / £359.99 / €399.99/ $499 CAD
  • PS5 Standard Edition with an Ultra HD Blu-ray disc costs $499.99 USD / ¥49,980 / £449.99 / €499.99 / $629 CAD  

With the launch of PS5, some special offers have also been launched from Sony for the PS5 owners; more on this below. But should you get a PS5 now or wait for the PS5 Pro version to buy later? Also, what are the PS5 specs? We will discuss all this and more below. First, let’s talk more about PS5 cost.

How Much Does The PlayStation 5 Cost?

PS5 has been launched in the following two versions:

  • PS5 digital edition
  • PS5 standard edition (having 4K Blu-ray disc drive)
Cost of PS5 in different CountriesPlayStation 5 with Ultra HD Blu-ray disc drivePlayStation 5 Digital Edition
Cost of PS5 in the United States
$499.99 USD$399.99 USD
Cost of PS5 in Japan ¥49,980¥39,980
Cost of PS5 in the UK£449.99£359.99
Cost of PS5 in Europe€499.99€399.99
Cost of PS5 in Canada$629 CAD$499 CAD
PLAYSTATION 5 digital and standard edition price

If you like buying physical game discs for collection for game collection purposes or want an easy way to share your games with your friends, then we recommend investing in the PS5 with a 4K Bluray disc drive.

By paying a little extra for the disc drive in the standard PS5 edition can save you some money in the long run, because just like the digital PSN game sales, many fabulous deals come for physical disks as well. Also, sharing your games with your friends becomes very easy with physical discs.

PS5 is also backward compatible with PS4. So if you have lots of PS4 game titles available in physical disc format, you would only be able to play them in the PS5 Standard Edition with an Ultra HD Blu-ray disc. You can read more about it at: Can You Play PS4 Games On PS5? Remarkable backward compatibility.

Once you have made up your mind to get yourself a console, we have made an article for you to quickly get up to speed with the requirements for PS5.

What are the PlayStation 5 Specifications?

Playstation 5 has the following specifications:

CPUx86-64-AMD Ryzen ‘Zen 2’ 8 Cores / 16 Threads
up to 3.5 GHz (Variable frequency)
GPUAMD Radeon RDNA 2-based graphics engine
Ray Tracing Acceleration
up to 2.23 GHz (10.3 TFLOPS) (Variable frequency)
System MemoryGDDR6 16GB with 448GB/s Bandwidth
Internal Storage825GB with 5.5GB/s Read Bandwidth (Raw)
Optical Drive (for the standard edition)Ultra HD Blu-ray (66G/100G) ~10xCAV
BD-ROM (25G/50G) ~8xCAV
BD-R/RE (25G/50G) ~8xCAV
DVD ~3.2xCLV
PS5 Game DiscUltra HD Blu-ray, up to 100GB/disc
Video OutHDMI OUT port
Support of 4K 120Hz TVs, 8K TVs, VRR (specified by HDMI ver.2.1)
Audio“Tempest” 3D AudioTech
DimensionsPS5: Approx. 390mm x 104mm x 260mm (width x height x depth)(excludes largest projection, excludes Base)

PS5 Digital Edition: Approx. 390mm x 92mm x 260mm (width x height x depth)(excludes largest projection, excludes Base)
WeightPS5: 4.5kg

PS5 Digital Edition: 3.9kg
PowerPS5: 350W

PS5 Digital Edition: 340W
Input / OutputUSB Type-A port (Hi-Speed USB)
USB Type-A port (Super-Speed USB 10Gbps) x2
USB Type-C® port (Super-Speed USB 10Gbps)
NetworkingEthernet (10BASE-T, 100BASE-TX, 1000BASE-T)
IEEE 802.11 a/b/g/n/ac/ax
Bluetooth 5.1

Do PS4 games work on PS5?

One major announcement regarding the PS5 was the backward compatibility with PS4, most of the PS4 titles are on the PS5. You will not have to repurchase your favorite PS4 games to play them on PS5.

With the PS5 standard edition having a 4K Blu-ray drive, you can use any of your physical PS4 game discs and insert them into the PS5 disc drive to play it on your PS5 console. You will be able to play digital versions of your PS4 games on it as well. The video games may ask for an update before playing on your PS5 console.

As for the PS5 Digital only edition, there is no disc drive on it, so you won’t be able to play your physical PS4 game disc, but you can play the digital version of your PS4 games. Again, the video games may ask for an update before playing on your PS5 console.

You can read more about the PS5 backward compatibility at: Can You Play PS4 Games On PS5? Remarkable backward compatibility 

Should you buy a PS4 or a PS5?

Should you buy a PS4 or a PS5

Sony has discontinued most PS4 models, and only the PS4 slim model will be produced for the foreseeable future. Prices for PS4 are quite inconsistent now since there is high demand, and supply chains have been disrupted after the launch of PS5. You can read more about it in detail at How Much Does PlayStation 4 Cost? Is it still worth it?

Because PS5 is a next-gen console that is superior in every aspect compared to the PS4, the PS5 can be an easy choice to make over the PS4. In the coming years, you will see more and more PS5 exclusives titles that won’t be available on the PS4, but still, some new upcoming games such as Horizon Forbidden West and God of War: Ragnarok will be released on PS4, along with PS5. Also, please note that the PS5 titles can cost you up to $69. 

PS4 still has a lot to offer, at it has loads of games available at its disposal so that you won’t find yourself out of options with it. Though most of the PS4 titles are also playable on PS5 as well through PS5’s backward compatibility 

To sum this up, whether you should buy a PS4 or a PS5, we would recommend that if you want to future-proof yourself and enjoy the best blockbuster games for the many forthcoming years, buy the PlayStation 5. If you want a more budget-friendly option and still want an incredible gaming experience, grab a PlayStation 4 during a sale. Also, lots of great PS4 video games can be easily found at a low price during the sale period.   

Should you buy a PS5 now or wait for the PS5 Pro version?

Following is the timeline of release dates for the PlayStation consoles:

PlayStation ConsoleRelease DateTime difference b/w console release dates (Days)Time difference b/w console release dates (Years)
PS2 Fat26/10/20001,8745.13
PS2 Slimline29/10/20041,4644.01
PS3 Fat17/11/20067492.05
PS3 Slim01/09/20091,0192.79
PS3 Super Slim25/09/20121,1203.06
PS4 Slim15/09/20161,0352.83
PS4 Pro10/11/2016560.15
Avg = 919.60Avg = 2.52
Max = 1,874Max = 5.13
Timeline of release dates for the PlayStation consoles

Bar Chart showing release date gap between all PlayStation consoles

As you can see, after the launch of the base or ‘fat’ version of a PlayStation, Sony usually launches the next iteration of the same console as the slim or pro model in 3-4 years. Going by the previous trends, if you have the patience and composure to not buy the PS5 for three to four years after the launch date of PS5 in November 2020, then only you should wait for the PS5 Pro version or even a slim version, for that matter.

We would recommend buying the PS5 now and upgrading it later if you feel so when (or if) the Pro version of PS5 comes out.

How to get free games with the PlayStation 5?

The PlayStation 5 owners can get up to 20 games free with Playstation Plus Collection. PS5 console owners with PlayStation Plus will be able to redeem and play some of the best PS4 games with PS Plus Collection.

PlayStation Plus Collection

The list of games available for free with the PlayStation Plus Collection are:

  • God of War
  • The Last of Us Remastered
  • Bloodborne
  • Days Gone
  • Uncharted 4: A Thief’s End
  • Detroit: Become Human
  • Infamous Second Son
  • Ratchet and Clank 
  • The Last Guardian
  • The Last of Us Remastered
  • Until Dawn
  • Resident Evil 7 biohazard
  • Mortal Kombat X
  • Batman: Arkham Knight
  • Battlefield 1
  • Call of Duty: Black Ops III – Zombies Chronicles Edition
  • Crash Bandicoot N. Sane Trilogy
  • Fallout 4
  • Final Fantasy XV Royal Edition
  • Monster Hunter: World
  • Persona 5

You can keep a PlayStation Plus Collection game for as long as you’re an active PlayStation Plus subscriber. No additional charges are applicable to redeem and play the PS Plus Collection titles; it is an added benefit to the existing benefits that PlayStation Plus members receive. You can also find more details about PlayStation Plus membership at the following link: All-New PlayStation Plus: Which tier is best for you??

Frequently Asked Questions for PlayStation 5 cost:

Is PS5 Digital Edition cheaper than PlayStation 5 standard edition?

PS5 All-digital Version is substantially cheaper than the PlayStation 5 standard edition. Because the All-digital version of PS5 doesn’t contain the Ultra HD Blu-ray Disc Drive, so you won’t be able to play the physical disc version of your favorite games on the PS5 Digital Edition.

Is the PS5 worth its price?

Considering that PS5 is being offered in two different versions, one Standard and another Digital edition, it gives you a lot of flexibility while choosing the right version. Sony is also giving 20 free games as part of the PlayStation Plus collection to the PS5 owners who have PlayStation Plus membership, making it an excellent bargain for the price.

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