Sony Just Dropped a PS5 Bombshell and Your Wallet Is Not Ready

Sony Just Dropped a PS5 Bombshell

Sony has confirmed it will raise prices on all PlayStation 5 consoles starting 2 April 2026. In the United States, the PS5 disc edition will go from US$549.99 to US$649.99.

The digital model will go from US$499.99 to US$599.99. The PS5 Pro will see the biggest increase, going up US$150 to reach US$899.99. The PlayStation Portal remote player will also go up to US$249.99.

Prices will go up in other parts of the world too including Europe, the United Kingdom and Australia.

Isabelle Tomatis, Vice President of Global Marketing at Sony Interactive Entertainment said the company made the decision because of ongoing pressure on the global economy. She said Sony knows the price changes affect gamers.

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This is the second time Sony has raised PS5 prices in less than a year. The company raised prices by US$50 across all models in August 2025.

This means the standard PS5 now costs US$150 more than its original 2020 launch price of US$499.99. The PS5 Pro launched in late 2024 at US$699.99 and has now gone up by US$200 in roughly 18 months.

Industry analysts say rising part costs are a big reason for the increase. Piers Harding-Rolls, research director of games at Ampere Analysis, told CNBC that higher memory prices were likely behind the move.

He said Sony may have used up earlier deals that protected it from rising part costs. A global shortage of RAM and solid state drives, caused by huge demand from AI data centres has pushed hardware costs up across the whole tech industry.

Harding-Rolls added that it would not be surprising if Microsoft and Nintendo raised their prices soon too. Nintendo has so far kept prices steady on the Switch 2.

The 2 April start date gives buyers only a short time to get a console at the current price. With big game releases like GTA VI expected later this year, demand for the PS5 is unlikely to slow down even as prices keep going up.