So far, Sony has spoken about its PlayStation 5 in general, and we don't know exactly what hardware it will be equipped with and we can't figure out how much it might cost. We know it will be based on the Zen processor architecture and Navi graphics, supporting ray tracing and 8K video decoding. Obviously, it won't match a hi-end gaming PC with its gross performance, and at best it will have mainstream performance, otherwise it couldn't be a product for several hundred dollars. Indeed, customers expect approximately the same amount for which they also bought PS4, or about $ 400. On the other hand, the PS3 came to $ 500 in the basic version, and the Xbox One X cost $ 500, too, so there is a margin to be expected.
But the low margin also means that Sony can very easily get to the bottom when it will still subsidize the production of consoles, so that's why they are worried about the price. It will be mainly the prices of DRAM and NAND Flash memories, which are projected to grow this year, although given the spreading coronavirus it is not so certain. However, according to Engadget, Sony is currently doing a great deal to ensure the supply of memory in sufficient quantity and, of course, at reasonable prices.
We can also expect that the new console will require stronger cooling, as its design suggests. Above is only rendered image, but what we see, the final version should at least resemble.
Finally, it is also clear that the price of new consoles is set by manufacturers as one of the last things before the final launch and launch. Until then, nothing will be certain.