cross-posted from: https://lemmit.online/post/3922769

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The original was posted on /r/linustechtips by /u/RevolutionaryAd8204 on 2024-09-14 15:50:43+00:00.

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119 points
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If you think $700 is bad, it’s £700 in the UK… which is $913. 🤢

Also:

  • median household income, UK (2022): £32,400 ($42,265)

  • median household income, USA (2022): $74,580

A PS5 Pro is 26% of the typical UK household monthly income.

A PS5 Pro is 11% of the typical US household monthly income.

The US pricing is bad. The UK pricing is absolutely insane.

The OLED Deck starts at £479. Still a lot but not as egregious. The LCD Deck is currently £262 ($344), which is pretty great.

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29 points

If you think 26% is bad, in Russia it’s going to be priced at around ₽80-100k(~$883, VAT included), but the median monthly salary is ₽43.500 - $480… That’s well over 100% median household income given that over 38% families only have a single parent. And I’m pretty sure that’s not even the worst out there, think like Argentina has an extortionate import tax or something?

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16 points

If you think $700 is bad

I don’t:

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16 points

Cool chart.

It really makes the point to me that the PS1 and PS2, when adjusted for inflation, and for relative compute power, were just such a fantastic deal.

I was recovering from some serious console-purchase fatigue, when I bought my PS1 to replace my garage sale purchased Super NES. It was a big deal to me.

I’ve paid PS5 prices (inflation adjusted) for a game system a few times (my first Switch and SteamDeck), but they’ve been a lot more mind blowing than what appears to be on offer today.

Disclaimer: My favorite game is 8-bit, anyway.

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6 points

Also drives home the point the PS3 was insanely priced.

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6 points

Charts like that are great, I love to see them. However, they need to have a year for the inflation-adjusted dollars else it’s nearly meaningless when referred back to.

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5 points
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So the most comparable console there is $456, and this is $700.

That is bad.

The PS5 Pro barely costs more to produce.

$700 is bad. $913 is awful.

Just because the PS3 (a console universally panned as being way too expensive) was similar doesn’t mean PS5 Pro pricing is alright.

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2 points

I’m not sure what this proves 🤔

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4 points

I don’t remember exactly, but some relative poverty lines start at 60% of median household income.

  • £700 / (£32,400 * .6 / 12) ≈ .43, thus 43% of monthly income for a poor household in the UK
  • $700 / ($74,580 * .6 / 12) ≈ .19, thus 19% of monthly income for a poor household in the US

I hope median household income is netto, otherwise this is skewed.

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4 points

Anyone know the cost in the US including tax? Don’t they leave that off?

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20 points
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It varies state by state, some like Oregon have 0% tax, but most will be around 13% 6-8% or so iirc.

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6 points

The highest state sales tax is 9.56%, most states are 6-8%. Though some major cities also have a small sales tax as well.

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4 points

No sales tax in NH either.

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3 points

how does this work if you live close to another state? As in if you live in a state with sales tax but down the road is a state without sales tax- why ever shop in your state?

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17 points

The US doesn’t have a national sales tax, so it depends whether the individual state imposes a tax or not.

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