Sony will raise U.S. PlayStation 5 console prices by $50 for all current models. The PS5 Digital Edition will move from $450 to $500, the standard PS5 from $500 to $550, and the PS5 Pro from $700 to $750. Some retailers such as Target and Best Buy still list the prior prices, though retailers have sometimes updated prices ahead of manufacturer announcements in past hikes. Games and accessories will not see price increases, and the change applies only to consoles sold in the U.S. Sony cited a challenging economic environment and set the U.S. increase to start August 21. Sony was the last major console maker to raise prices this year, following earlier moves by Microsoft and Nintendo.
The price of the PS5 Digital Edition will increase from $450 to $500; the standard PS5 will increase from $500 to $550; and the PS5 Pro will increase from $700 to $750. If you've been on the fence about buying any of these, retailers like Target and Best Buy are still using the old prices as of this writing-for other console price hikes, retailers have sometimes bumped the prices up before the date announced by the manufacturer.
"Similar to many global businesses, we continue to navigate a challenging economic environment," wrote Sony Global Marketing VP Isabelle Tomatis. "As a result, we've made the difficult decision to increase the recommended retail price for PlayStation 5 consoles in the U.S. starting on August 21."
Sony was the last of the big three console makers to raise prices this year. Microsoft raised the prices for the Xbox Series S and X consoles in March. And Nintendo has gone through two rounds of price increases- one for Switch and Switch 2 accessories in April and another for more accessories and Switch 1 consoles earlier this month.
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