Today, Sony revealed that PlayStation 4 will cost a staggering R$3,999 in Brazil when it launches this November (R$ is the symbol for the Brazilian Real, that country’s currency). Based on current exchange rates, that’s equivalent to $1,849.85 (or £1,355.32, or €1,146.65, or ¥180,894.39).

To put that cost into context, PlayStation 4 will launch in the US at $399.99, in the UK at £349, in mainland Europe at €399, and in Japan at ¥38,980. Indeed, in the United States specifically, PlayStation 4 is the cheapest PlayStation console yet when adjusted for inflation.

Retail games in Brazil will launch at R$179, which, equivalent to $82.80, doesn’t suffer from a similar cost spike.

PlayStation 3 launched in Brazil in 2010 at R$1,999, or $924.69, so a high price point isn't unprecedented. But PS4 seems to be bringing premium cost to a whole new level. Xbox One is launching in Brazil for $R2,199 – over a thousand US dollars – but still comes in far cheaper than PS4.

Anyone know why it would cost so much there? That's completely crazy.

Here's the link to the article: You must login or register to view this content.

I doubt this article is true.

I don't know, that's why I put it here for more input. I read more about it and apparently people are saying it's because of importing taxes set by the local government.

what the fuck are the import taxes then?

Anyone know why it would cost so much there? That's completely crazy.

Here's the link to the article: [url]http[WS][/WS]://ca.ign.com/articles/2013/10/17/in-brazil-playstation-4-will-cost-over-1800[/url]

I'm brazilian too, in Brazil everything is fairly more expensive than other countries