Here is the list of new prices: This is a step up of $50 for all three consoles, which is a big blow, especially for the PS5 Pro, which already had players gawking at the massive $700 pricetag when it first launched.

Each of the three current models of the PS5 consoles will go up by $50. That means the PS5 Digital Edition will be $500 instead of $450; the standard PS5 (with Blu-ray optical drive) will be $550 instead of $500; and the high-end PS5 Pro will be $750 instead of $700.

The current global economy has run havok with tech pricing norms. Now, it’s much harder to say whether a video game console will be more expensive at launch or not. The PlayStation 5 released in November of 2020 – nearly five years ago! – and now, almost half a decade into its lifecycle, Sony has announced price increases.