Since the PS5 Pro is still just a rumor, there aren't many details as to what specs the console could have, though many believe it could have 8K graphics — a significant upgrade from the already crisp 4K graphics the PS5 boasts.

Other rumored specs include new CPU/GPU IPs and at least 300W TDP, though again, these are only rumors at this point in time. You can also expect the new console to have a better design than the PS5 (hopefully it's not as hard to store).

But of course, this would come with a significant price increase. The PS5 is already an expensive console, costing $399 for the digital edition and $499 for the disc drive edition. This rumored PS5 Pro would reportedly cost somewhere between $600 and $700, making it a hefty purchase for any gamer.

The current-generation consoles are already an expensive buy for most, but even if the new PS5 Pro doesn't cost almost twice as much as the original, it'll likely see a significant price increase.