The PS5 continues to dominate the market, but with high prices, is it worth the money?
In London, thousands of people own a PS5, alongside several games per person. These typically range in price, however, major releases often retail for £50 or more.
Popular titles like Marvel’s Spiderman 2, Ratchet & Clank: Rifts Apart, and Demon’s Souls are £70 each.
Despite the high prices, the three games combined sold 16.4 million copies, with Spiderman 2 alone selling 11 million in eight months.
See more: https://en.wikipedia.org/wiki/List_of_best-selling_PlayStation_5_video_games
This proves that some people are nearly always willing to spend the money on a game they know they’ll love.
Avid gamer Roshan Jandu said: “Gaming is one of my main hobbies, so naturally I will spend more money.”
Londoners earn the highest average salary in England, taking home around £44,500 per annum. Nevertheless, London is one of the most expensive places to live, meaning that after expenses, the average person living in London is left with £15,400 disposable income. This must cover all non-essentials, including entertainment such as video games.
See more: https://www.movingwaldo.com/where-to-live/cost-of-living-london/
See more: https://www.rentlondonflat.com/average-rent-in-london/
Given that many of the PS5 games cost more than £50, the willingness of people in London to buy them decreases.
In a recent survey, 75% of Londoners said that they would not be willing to buy a PS5 game that costs more than £50.
Demi Barnes, a gamer from London, said: “I would not be willing to spend that much on a single game, even for a PlayStation unless it is a massive lineup or major release.”
Image by Olya Adamovich from Pixabay
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