The PlayStation Vita development kit will be competitively priced at €1,900 plus VAT.
Speaking at GDC Europe, Sony Computer Entertainment's George Bain said: "The PS Vita development kit is going to be very affordable. And when I say affordable I mean €1,900 plus VAT."
The price is significantly cheaper than the €20,000 charged for PS2 and PS3 dev kits at launch, and the initial €15,000 fee for a PSP dev kit, Develop reports.
"There is no cost to join the PS Vita Develop Program," Bain added. "There's just that cost of the dev kit. If you're a small developer, we happy to talk to you about this. It will help if you have a games portfolio. There's no reason we won't speak with smaller studios about joining up."