I don't think so. PS4 Pro launch price was $400 in 2016. It would be at $525 this year. But then, the PS5 Pro is dropping the blu-ray disc reader, so add in $80 more.
$780 != $525
I disagree with the idea of adjusting the price to account for a blu-ray reader, that’s just part of the change in expected functionality over time.
But, I did misread the price, I stumbled across the Australia pricing somehow. And if we ask any Australian I’m sure they will tell us that paying Australian electronics prices is a nightmare.
It is funny that the PS4 and the PS4 pro seem to have had very similar release prices. Although I vaguely remember that they might have had to drop the PS4 price pretty soon after release? It was a while ago, though…