If the PS5 launches at the end of the year, it will cost $499 in the US and £449 in the UK, according to somewhat reliable leaker IronManPS5 on Twitter.

This is consistent with previous rumors about Sony's next-generation gaming console. However, the leaker also revealed that the PS5 Digital Edition will be $100 or £100 cheaper than its disc-drive-equipped sibling, at $399 in the US and £349 in the UK.

In addition, IronManPS5 has previously leaked what is believed to be the price of the DualSense controller, which the leaker said will be $59.99 and £54.99. IronMan PS5 also stated that the PS5 will be available on November 20. However, no sources were mentioned, and IronManPS5's reputation as a reliable leaker has not yet been established. Therefore, one should take such leaks with a grain of salt.

IronManPS5 also leaked the prices of the DualSense controller charging dock, which will reportedly cost $29.99 and £34.99, and the HD camera accessories, which will reportedly cost $59.99 and £54.99. The leaker further claims that the PS5's Pulse 3D Wireless Headset will cost $159 and £129

Neither Sony nor Microsoft have officially announced prices for their respective upcoming consoles. However, the Xbox Series X is expected to cost $100 less than the PS5, which according to this leak would be $399.

However, that would be in direct competition with the price of the PS5 Digital Edition, which some people want a disc drive to use the PS5 as part of their entertainment system rather than just a game console, while digital downloads have become widespread, some may not feel the need for a disc drive. For this reason, the PS5 Digital Edition is very attractive, and its price of $399 is also attractive.

However, Microsoft may be working on a digital-only next-generation gaming console in the form of the Xbox Series S. Also known as the Xbox Lockhart, this console will be a scaled-down version of the Xbox Series X and will be significantly cheaper, around $200 It could be offered at a much lower price, around $200. The goal is to entice people who want to experience next-generation gaming but don't want to pay $400 for it.

We will have to wait for official prices from Sony and Microsoft to find out how much the next console will cost. For now, however, the PS5 is likely to be the more expensive machine.