The value of upgrading depends significantly on which chip you currently own.
From M1: This Is the Upgrade to Make
The M5 delivers roughly 2x overall computing performance and up to 6x faster AI throughput compared to the M1. Beyond raw performance, you gain:
If your M1 MacBook is five years old or starting to feel sluggish, the M5 represents a substantial, worthwhile upgrade across every metric.
From M2 or M3: Save Your Money
The improvements from M3 to M4 to M5 are evolutionary rather than revolutionary. Unless you're hitting specific performance bottlenecks, you're not missing much beyond modest speed improvements and slightly snappier app launches. The 15% CPU and 20% GPU gains likely don't justify the cost for most users.
From M4: Skip This Cycle
Year-over-year improvements are incremental. Only consider upgrading if you specifically need the enhanced AI performance for workflows that actually use it, or if you need the faster SSD speeds for constant large-file workflows.
The Bottom Line
M1 users should strongly consider upgrading. M2 and M3 users can comfortably wait another generation. M4 users should skip this cycle unless they have specialized AI-heavy workflows.
Ready to upgrade? Compare prices on the MacBook Pro 14-inch M5 to find the best deal.
Where this comes from: This answer is based on ShopSavvy's product database, real-time pricing from thousands of retailers, and a look at hundreds of user reviews to give you a well-rounded picture.
Here's our "TLDR" Review
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