PS4 is the cheapest PlayStation home console (when adjusted for inflation) When adjusted for inflation, PS4 is the cheapest PlayStation home console launch ever.

Sony managed to undercut Microsoft when they announced PS4 will launch for $399, $100 less than Xbox One's $499 launch price. Not only is this significantly less than PS3's launch, when adjusted for inflation, it's the cheapest PlayStation home console launch ever.

According to a price analysis by Ars Technica, PlayStation 4 is cheaper than any previous home console from Sony, with PS2 being valued at $405 when adjusted for today's dollars. Microsoft's new console, on the other hand, is the most expensive Xbox ever--but not by much. Xbox 360 would cost $476 today, and that doesn't include a fancy next-gen Kinect camera, either.