10th December 2020 – (Hong Kong) How much money would you have to pay for a PS5 and Xbox Series X — game consoles of the latest generation? How different are the prices in various countries? And where in the world is being a gamer the cheapest? Picodi.com analysts looked into the prices of the latest video game consoles and subscriptions of the two most popular platforms to answer these questions.
More than HK$10,000 for a console
For the comparison, we chose 9th generation flagship consoles of two competing platforms: Sony Playstation 5 (Blu-ray disc drive) and Xbox Series X.
PlayStation fans in Ukraine have to cough up the most money with online stores selling the latest Sony console for as much as HK$10,687. On the other hand, the new Xbox is the most expensive in Argentina — HK$9,775.
The best price for both consoles can be found in Canada where the PlayStation 5 costs HK$3,719 and the Xbox Series X costs HK$3,542.
In Hong Kong, as in many other countries, Xbox has a similar price to PlayStation. For the latest Sony and Xbox consoles Hongkongese gamers would have to pay HK$3,980 and HK$3,880 respectively. Similar prices can be found in Japan, where the PS5 and the Xbox Series X cost around HK$4,084.
A gaming console is not enough
Both Sony and Microsoft offer subscriptions which allow multiplayer mode — PlayStation Plus and Xbox Live Gold. Subscribers also get several games for free each month. Similar to video games console prices, the costs of subscriptions vary depending on the country.
In the comparison of yearly subscription prices, Turkey placed first with both Xbox Live Gold (HK$289) and PlayStation Plus (HK$173) being the cheapest.
At the far end of the ranking is Switzerland where a one year Xbox Live Gold subscription costs HK$851, and PS Plus: HK$595. As the companies declare, subscription prices reflect the local market economies.
In Hong Kong, the cost of Xbox Live Gold and PS Plus subscriptions are HK$756 and HK$308 respectively. It is not as much as the Swiss pay, but still, it is almost three times more than Turkish gamers.
Note: Microsoft stopped selling 12-month Xbox Live Gold subscriptions which is why in this comparison, we multiplied costs of 3-month subscriptions by 4.
Summary of costs
Which country is the best place for a gamer? We compared sets which consist of the costs of a video game console and the respective yearly subscription.
For video game fans, Canada is the perfect place. Low costs of gaming consoles and cheap yearly subscriptions provide affordable prices for both sets — HK$4,132 for PlayStation and HK$4,250 for Xbox. Hong Kong found itself in the middle of the ranking, with HK$4,288 for a PlayStation set and HK$4,636 for an Xbox set.
One thing is sure: being a gamer costs an arm and a leg in Argentina, as PlayStation and Xbox sets cost HK$10,085 and HK$10,400 respectively. The only country where the PlayStation set is more expensive is Ukraine — HK$11,043.
This report is based on the local prices of video game consoles: the PlayStation 5 Standard and the Xbox Series X with one gamepad and without any games. Subscription prices come from the official websites of PlayStation and Xbox. For the currency conversion, we used the average exchange rate as of November 2020.