Sony has hiked the PS5 and PS5 Pro pricing in the United States by $50, effective August 21. The PS5 will cost $549.99 instead of $499.99, while the PS5 Pro will be $50 more expensive. Sony blamed a “challenging economic environment” for the price rise. This is the first time Sony has hiked retail pricing in the United States since the Trump administration imposed import duties earlier this year.
Sony confirmed in a PlayStation Blog post on Wednesday that the regular physical edition PS5 will now cost $549.99, up from $499.99. The PS5 digital version is now $499.99, up from $449.99. The PS5 Pro, too, sees a $50 price increase, from $699.99 to $749.99.
Sony raised PS5 prices in some areas, including the UK, EMEA, Australia, and New Zealand, in April, blaming a hard economic situation as a result of sweeping tariffs placed by US President Donald Trump on imported goods. However, the business did not raise console prices in the US at the time.
The company, via blog post, said, “Similar to many global businesses, we continue to navigate a challenging economic environment. 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.”
“The recommended retail prices for PlayStation 5 accessories remain unchanged, and we have no other price changes to announce for additional markets,” it further added.
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Video game console costs have been rising since the Trump administration imposed tariffs in April. Microsoft increased Xbox console prices in May, blaming market circumstances and development expenses. Nintendo recently hiked the price of the Nintendo Switch and various peripherals in the United States, affecting the complete first-generation device line. However, the Switch 2 did not see a price increase.
Updated retail price for PlayStation 5 consoles in the U.S. is as follows:
- PlayStation 5 – $549.99
- PlayStation 5 Digital Edition – $499.99
- PlayStation 5 Pro – $749.99
