Paxful analysed the retail price of the PS5 (digital edition) in 100 countries across the world to determine where the most expensive and most affordable PS5 is sold and how it compares to the UK. Additionally, these prices were compared to the respective countries’ average monthly salaries.
With the PS5 back in stock and still an impressive demand, paying double the price to get it on eBay might not be so crazy after all.
- The research revealed that Brazil has the most expensive PS5, coming in at £591.33, which is over £200 more than the UK price of £359.99.
- The UK retail price of a PS5 is £359, landing it a spot in the top 20 most affordable PS5s.
- This is only 19.3% of the average monthly salary in the UK, making it one of the more affordable countries for the console.
- Japan has the cheapest PS5 retailing at £286.69 there.
Please credit the research to Paxful with this link: https://paxful.com/insights/global-cost-of-gaming/
The top 10 most expensive countries to buy a PS5 in the world
- Brazil has the most expensive PS5, coming in at £591.33 or 4,122.73 Brazilian Real.
- This is 221.8% more than the average monthly Brazilian salary, which is roughly £265.
- Half of the countries in this top 10 ranking are located in Central and South America.
| Rank | Country | Retail price in £ |
| 1 | Brazil | £591.33 |
| 2 | Peru | £560.07 |
| 3 | Chile | £494.06 |
| 4 | South Africa | £488.22 |
| 5 | Colombia | £461.27 |
| 6 | Russia | £444.96 |
| 7 | Sweden | £437.86 |
| 8 | Mexico | £429.41 |
| 9 | Denmark | £412.12 |
| 10 | India | £404.89 |
| 43 | United Kingdom | £359.99 |
The prices displayed are of the digital version of the new PS5 and were gathered in the local currency and converted into GBP.
The 10 cheapest countries to buy a PS5 in the world
- Japan has the cheapest PS5 with a retail price of £286.69.
- The PS5 is also affordable for the average Japanese gamer. With a relatively high average monthly salary of roughly £2,000, they would only need to set aside 14.2% of their salary in order to be able to purchase one.
- The UK retail price of a PS5 is £359.99, landing it a spot in the top 20 most affordable PS5s.
- This is only 19.3% of the average monthly salary in the UK.
| Rank | Country | Retail price in £ |
| 1 | Japan | £286.69 |
| 2 | Canada | £288.89 |
| 3 | Cambodia | £298.55 |
| 4 | Kyrgyzstan | £298.66 |
| 5 | Macao | £298.66 |
| 6 | Thailand | £299.22 |
| 7 | United States | £299.40 |
| 8 | Hong Kong | £307.14 |
| 9 | Pakistan | £313.62 |
| 10 | Kuwait | £328.99 |
| 18 | United Kingdom | £359.99 |
The prices displayed are of the digital version of the new PS5 and were gathered in the local currency and converted into GBP.
How does the cost of a PS5 compare to a country’s average monthly salary?
- The tables below show the most expensive countries to buy a PS5 compared to the country’s monthly salary on the left, and the cheapest countries on the right.
- To buy a brand new PS5 in Brazil, you’d have to spend more than twice (221.8%) the average monthly salary of a person there.
- In comparison, a Swiss person would only have to spend 7.20% of their monthly salary to afford a PS5.
- The UK comes in as the 16th cheapest country for the new PS5 compared to average salary, with the average brit having to spend 19.3% of their monthly salary.
| Most expensive | Least expensive | ||||
| Rank | Country | Percentage of salary | Rank | Country | Percentage of salary |
| 1 | Brazil | 221.8% | 1 | Switzerland | 7.2% |
| 2 | Colombia | 191.0% | 2 | United States | 11.3% |
| 3 | Pakistan | 189.2% | 3 | Australia | 12.6% |
| 4 | Peru | 175.4% | 4 | Hong Kong | 14.0% |
| 5 | Indonesia | 166.1% | 5 | Japan | 14.0% |
| 6 | Moldova | 149.7% | 6 | Denmark | 14.9% |
| 7 | Russia | 134.9% | 7 | Canada | 15.4% |
| 8 | Ukraine | 131.7% | 8 | Norway | 16.0% |
| 9 | Albania | 119.0% | 9 | Netherlands | 16.2% |
| 10 | India | 118.8% | 10 | Iceland | 16.3% |
| 38 | United Kingdom | 19.3% | 17 | United Kingdom | 19.3% |
The comparison displayed is using the digital version of the new PS5. Average monthly salary data was sourced from Numbeo.
Methodology
- Paxful gathered and analysed the retail prices of the digital version of PS5 from various sources including official brand websites and regional online stores. Prices may reflect the retail price for a console that is shipped from an international retailer.
- Average monthly salary data was sourced from Numbeo.
- Local currencies were converted into GBP using the Google Finance tool and are correct as of 4th December 2020.
- Paxful is a Bitcoin trading platform.
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