Remember when the PlayStation 5 started at $399? Those days feel long gone. Sony has announced a second price hike for the console family, seven months after the first.
In the US, the change can slap on an extra $100 to the PS5 and PS5 digital. However, the PS5 Pro is going up by $150. The new prices take effect on Thursday, April 2.
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PS5: New Price $649 | Current $549 | August 2025 $499
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PS5 Digital: New Price $599 | Current $499 | August 2025 $449
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PS5 Pro: New Price $899 | Current $749 | August 2025 $699
The company is also increasing the PlayStation Portal remote player price from $199 to $249.
The company dropped the bad news today, blaming it on economic conditions. However, Sony kept things vague, making it unclear if the memory shortage is the major culprit, or rising oil prices from the Iran war, or the US’s continued tariffs, although refunds are inbound.
“With continued pressures in the global economic landscape, we’ve made the decision to increase the prices of PS5, PS5 Pro, and PlayStation Portal remote player globally,” the company said. “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.”
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The PS5 launched in late 2020. Usually, aging consoles drop in price, but not this generation. The announcement is another unwelcome sign for the gaming and electronics industry, as the memory shortage has driven up prices and delayed product launches. One leading memory supplier also expects the supply crunch to persist until 2030.
Meanwhile, Microsoft’s rival console, the Xbox Series X/S, faced two price hikes last year. So far, Nintendo has kept the Switch 2’s price at $449 since its initial launch.
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Michael Kan
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I’ve been a journalist for over 15 years. I got my start as a schools and cities reporter in Kansas City and joined PCMag in 2017, where I cover satellite internet services, cybersecurity, PC hardware, and more. I’m currently based in San Francisco, but previously spent over five years in China, covering the country’s technology sector.
Since 2020, I’ve covered the launch and explosive growth of SpaceX’s Starlink satellite internet service, writing 600+ stories on availability and feature launches, but also the regulatory battles over the expansion of satellite constellations, fights with rival providers like AST SpaceMobile and Amazon, and the effort to expand into satellite-based mobile service. I’ve combed through FCC filings for the latest news and driven to remote corners of California to test Starlink’s cellular service.
I also cover cyber threats, from ransomware gangs to the emergence of AI-based malware. Earlier this year, the FTC forced Avast to pay consumers $16.5 million for secretly harvesting and selling their personal information to third-party clients, as revealed in my joint investigation with Motherboard.
I also cover the PC graphics card market. Pandemic-era shortages led me to camp out in front of a Best Buy to get an RTX 3000. I’m now following how President Trump’s tariffs will affect the industry. I’m always eager to learn more, so please jump in the comments with feedback and send me tips.
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