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The price of the PlayStation 5 is rising in the U.S.
Photo by Kerde Severin / Unsplash

The price of the PlayStation 5 is rising in the U.S.

Sony claims it's a result of a “challenging economic environment” and ongoing tariffs on electronics coming from China.

Oluwaseun Bamisile profile image
by Oluwaseun Bamisile

Thank goodness I got my PS5 last year, because if I had waited, I’d be staring at a bigger price tag right now. Starting today, Sony is bumping up the price of every PlayStation 5 model in the U.S. by $50.

That means the standard PS5 will now cost $549.99, the Digital Edition will be $499.99, and the high-end PS5 Pro will jump to $749.99. Sony says the increase is the result of a “challenging economic environment” and ongoing tariffs on electronics coming from China, where most PS5 units are built.

The company had been absorbing extra costs for months, even stockpiling inventory to buy itself time, but it finally reached the point where passing the burden onto consumers was inevitable. In fact, Sony’s CFO Lin Tao hinted this was coming back in the company’s Q4 FY2025 earnings call, warning that global inflation and trade tensions could force price increases.

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Just a few months ago, Sony had already raised PS5 prices across major regions, including the UK, Europe, Australia, and New Zealand, similarly citing a challenging economic environment alongside high inflation and volatile exchange rates. But with America being PlayStation’s biggest market, it’s clear Sony waited as long as possible before pulling the trigger.

Nonetheless, the PlayStation 5 isn't the only console that has gone up in price recently. Microsoft raised Xbox Series X|S prices by $80 back in May, and Nintendo quietly nudged up the cost of its original Switch hardware and accessories over the summer. It looks like no console maker is immune to the economic squeeze.

For now, PS5 games and accessories are safe from price hikes, but this shift makes it clear that owning new-gen hardware in 2025 is more expensive than ever. And with inflation and tariffs still looming, there’s no guarantee this will be the last adjustment.

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Oluwaseun Bamisile profile image
by Oluwaseun Bamisile

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