In a move reflecting the current global economic climate, Sony has announced a price increase for its PlayStation 5 consoles in the United States. Effective August 21, the new pricing structure will see all three available models—the standard PlayStation 5 with a disc drive, the Digital Edition, and the premium PlayStation 5 Pro—increase by $50. This decision, as stated by the company, is in response to a “challenging economic environment.”
The price adjustment sets the new retail price for the standard PS5 at $549.99, while the Digital Edition will now cost $499.99. The higher-end PS5 Pro model will see its price rise to $749.99. This adjustment follows a pattern seen in other major markets, where Sony previously raised prices earlier this year. The company’s statement also noted that prices for gaming accessories, such as the DualSense controller and headsets, will remain unaffected by this change.
This price hike for Sony’s console hardware is widely viewed as a direct consequence of new tariffs imposed on imported electronics. These tariffs have increased the cost of manufacturing and supply chain logistics, placing significant financial pressure on global businesses. Sony’s rivals have also taken similar measures, with both Microsoft and Nintendo having recently adjusted their console pricing in response to these external pressures. The move aligns Sony with a broader industry trend, as companies seek to manage rising costs without absorbing the full impact, which would affect their profitability.