Rumored pricing for PS5 is £400 with no disc drive and £500 with UHD Drive.
It was rumoured to be but turned out to be fake on amazon. Still I don’t think they will be cheap hence this wait on pricing and with either side not releasing pricing details yet.
They are much more expensive to produce this time around though.

. That shouldn't be a problem this gen with the NVME ssds used, but no doubt technology will move on and there will be a point in this new generation where the consoles are comparably terrible or slow at something in relation to a good PC.