Sony Increases PS5 Prices in the US Amid Economic Challenges

Japanese company Sony announced a price increase for the PlayStation 5 console in the United States. The company attributed its decision to a «challenging economic situation,» including tariffs imposed by President Donald Trump on imported goods.

The original PS5 will now retail for $550, while the PS5 Digital Edition is priced at $500, and the PS5 Pro will be available for $750. According to the manufacturer, the retail prices for PS5 accessories will remain unchanged.

Earlier this April, Sony had reported a price hike for the original PS5 in Europe, the UK, Australia, and New Zealand, with an average increase of €50 for the consoles. At that time, the company also cited a tough economic climate characterized by high inflation and currency fluctuations as reasons for the increase.

A month later, Sony warned about plans to offset the costs from Trump’s tariffs by shifting production to the U.S. and implementing general price increases on its products.

By this summer, the number of PS5 owners surpassed the number of PlayStation 4 owners. The combined user base of both Sony systems exceeded 124 million.

In May, Microsoft also announced a rise in prices for Xbox consoles and accessories. The digital edition of Xbox Series X is now available for $550. Additionally, Nintendo of America announced a price increase for the original Switch consoles effective August 3 of this year.