Sony is raising the price of its PlayStation 5 consoles globally starting April 2nd. In an announcement on Friday, Sony says that the standard PS5 will now cost $649.99, up from $549.99. Meanwhile, the PS5 Digital Edition now costs $599.99 instead of $499.99, and the PlayStation 5 Pro will cost $899.99 instead of $749.99.
Along with these changes, Sony is increasing the price of its PlayStation Portal as well, going from $199.99 to $249.99.
This is the second time in less than a year that Sony has raised the price of its PS5 consoles, as the company hiked prices by $50 for all three models last August. Sony cites “continued pressures in the global economic landscape” as the reason for the price hike. “We know that price changes impact our community, and after careful evaluation, we found this was a necessary step to ensure we can continue delivering innovative, high-quality gaming experiences to players worldwide,” Sony says.
Here are the price increases going into effect in other regions:
UK
- PS5: £569.99
- PS5 Digital Edition: £519.99
- PS5 Pro: £789.99
- PlayStation Portal: £219.99
Europe
- PS5: €649.99
- PS5 Digital Edition: €599.99
- PS5 Pro: €899.99
- PlayStation Portal: €249.99
Japan
- PS5: ¥97,980
- PS5 Digital Edition: ¥89,980
- PS5 Pro: ¥137,980
- PlayStation Portal: ¥39,980
Sony isn’t the only console maker that has raised prices in recent months. Last year, Microsoft bumped the prices of its Xbox Series X / S consoles, Xbox controllers, and some new games. Nintendo also raised the price of its original Switch from $299 to $339 after President Donald Trump imposed new tariffs. Next month, the Kinect-like Nex Playground will get a $50 price hike as well.
The rising cost of RAM may also have an impact on future consoles, too, with a recent report from Bloomberg saying that Sony is considering delaying the release of the next-gen PlayStation to 2028 or 2029.
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