A recent listing from Toys”R”Us Canada has listed the Nintendo Switch’s price at $329.99 Canadian dollars, or about $244 American.
If the listing is accurate, and the console is sold at a similar price in other regions/territories, then it means that the Switch has a price of around $250 – very affordable. But given that Nintendo has stated before it will not sell the Switch at a loss, it may be an erroneous listing or otherwise false. If it is true, however, the fear of a high price for the console has evaporated. We’ll be sure to update with pertinent info as it comes in.
Thanks to @Wario64 for providing this information.