Buying my first Macbook pro

I’m thinking to get a macbook pro but i’m between the M4 ($1,339.00 on B&H photo) or the M5 ($1,479.00) I know that the best option could be the M5 because is the newest model but does it worth it? I mean, it’s a really big difference one model to another?

I’m doing the swap from my gamer laptop (Omen by HP) I’m going to use the mac for video editing, graphic design and more creatives stuff.

So it would be helpful any comments! Thank you!