Interested gamers looking to purchase an Xbox One or a PlayStation 4 controller can start making their savings, as Microsoft and Sony have announced prices for their respective gadgets.

Both companies are expected to launch their new gaming consoles around the same time, meaning sometime before Christmas so Microsoft and Sony can benefit from the lucrative holiday shopping season.

It's worth noting, however, that the next-generation console comes with additional costs besides the price for the device itself. Any accessories one might have for the Xbox 360 and PlayStation 3 will not work with the next-generation device, which means that users will not be able to add their old controllers to the one that comes with the new console.

Microsoft and Sony have finally released pricing details for new accessories, including controllers, for pre-orders. This should help gamers get a better idea of the amount of money they need to set aside if they want extra controllers to play with their friends.

A new Xbox One controller will cost $60 and a headset designed to work with the new console will sport a $25 price tag. Microsoft is reportedly working on an Xbox One adapter for older headsets, but no other information is available at this point. The company will likely offer more details on this adapter ahead of the console's launch later this year.

Microsoft also has a "Play and Charge" controller kit up for pre-order. This kit will allow users to use a rechargeable battery pack instead of the traditional double-AA batteries. Buying the charging cable and battery pack separately will set consumers back $25, while buying the whole kit with a controller will cost $75.

Lastly, Microsoft also has a 12-month Xbox Live Gold membership up for pre-sale. This $60 membership will grant players access to multiplayer gaming, entertainment and Skype. Moreover, Kinect is now bundled with all new systems.

When it comes to Sony's prices, the PlayStation 4 controller will sport the same $60 price tag as the Xbox One controller and is now available for pre-order at Walmart, Amazon, Best Buy and GameStop. The same retailers have the Sony PlayStation Camera up for pre-order as well, also with a $60 price tag. Sony is also bundling a mono headset with every system.