Nintendo said it will launch its Switch 2 gaming device on June 5, with the long-anticipated successor to its hit hybrid home-portable Switch retailing for $449.99.

The new Nintendo Switch 2 console will release in June at a launch price of $449.99, the gaming company announced Wednesday—a significant hike from the $300 the first Switch cost in 2017 as the price of games has also spiked, frustrating consumers who hadn’t expected the large price increase.

Nintendo will retail the Switch 2 for $449.99 at launch, which is significantly higher than the original Switch's $299 price tag. A separate bundle that includes the new "Mario Kart World" game will also be available for $499.99.