'$1000 Consoles Will Be The Norm' - Analysts Discuss Cost Of PS6 & Next-Gen Xbox

With the recent price hikes happening in PlayStation land, we're pushing towards a world where four-figure console costs are almost the norm; PS5 Pro will become $900 from next week. While the upgraded PS5 model is an enthusiast bit of kit, it sounds as though we may have to get used to these sorts of figures when it comes to next-gen consoles - something that's been touted for a while now regarding Xbox Project Helix.

Shortly after the announcement of said PS5 price hikes, the folks over at GamesRadar spoke with various analysts about where the industry is headed, and what next-gen console prices could look like. Here's what industry researcher Joost van Dreunen had to say on the matter:

"We're quickly moving towards a world in which a $1,000 console will be the norm, and console gaming will become a luxury expenditure. [...] I predict that the next generation of console hardware will start at a 50% higher price point than the current one did."

Van Dreunen went on to say that "they [console makers] don't want to raise prices on their hardware, because that part is usually a heavily subsidized part of the equation" - but such costs are becoming normal due to the volatile nature of the market. Of course, Microsoft's move towards a PC-console hybrid with Project Helix means that 'heavy subsidizing' might not even be part of Microsoft's plans anyway. That's another pointer towards expensive next-gen consoles, if it plays out that way.

Circana's Mat Piscatella is a little more cautious when it comes to $1000 console pricing, and they believe that no one can truly predict what's going to happen in terms of prices and release timings right now.

"Could we see $1k+ pricing? Sure, that's possible. Would really hate to see that, but it's possible. Could it be 2027? Maybe. Could it be 2028? Sure. Later? Why not. I do not think that current market conditions allow for much certainty at all in the hardware market. Hopefully the conditions improve. They could get worse. Who knows."

From everything that Xbox has been saying so far — and from Sony's new eyewateringly-priced PS5 Pro console — these next-gen systems are going to be expensive, and it'll be interesting to see just what the take-up is like on them. We do seem to be moving towards four-figure device costs with the aforementioned Sony console and the likes of the ROG Xbox Ally X though, and we're certainly prepared for some sticker shock when it comes to next-gen hardware pricing.

What do you think to what we're seeing unfold right now? Talk to us about next-gen console pricing down below.

[source gamesradar.com]