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