PlayStation 5 Price Increases To Hit US Tomorrow

The US’s new trade tariffs lead to yet another major console price hike, following Xbox and Nintendo earlier this Summer.

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Summary

  • The prices for PlayStation 5 consoles will increase on August 21, taking the original PS5 console from $499.99 USD to $549.99 USD.
  • The move follows similar measures taken at Xbox and Nintendo in response to US trade tariffs.

Starting tomorrow, US customers may find that PlayStation 5 consoles have increased by roughly $50 USD. The announcement was made on an official PlayStation release, which stated. “Similar to many global businesses, we continue to navigate a challenging economic environment.”

On August 21, shoppers can expect PlayStation 5 consoles in the U.S. to be priced as follows:

PlayStation 5 – $549.99
PlayStation 5 Digital Edition – $499.99
PlayStation 5 Pro – $749.99

Currently, the standard PlayStation 5 console retails for $499.99 USD in the US. PlayStation emphasized that retail prices for PlayStation 5 accessories will remain and that the update will not affect any other markets for the time being.

Earlier in the summer, Xbox increased its console and game prices and rolled back certain changes shortly afterward. Following widespread backlash from the gaming community, full-priced holiday releases, including the highly anticipated The Outer Worlds 2, were brought down to $69.99 USD.

Sony’s move to increase its prices follows Nintendo‘s announcement that it would raise prices for the first-generation Switch, the Switch OLED and the Switch Lite on August 5.

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