The PS5 Just Got A Major Price Hike
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Brace for impact: Sony is raising prices on PS5 consoles, like Nintendo and Microsoft before it
On August 20 — just hours before the tech world dialed into the Made by Google Pixel 10 launch — Sony announced that it's raising the recommended prices for PS5 consoles by $50 for U.S. retailers. The new prices will likely take effect starting Thursday, August 21, though retailers may implement the new prices at different times.
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That means, from August 21, the price of the standard PS5 console will increase from $499.99 to $549.99. The cheaper PS5 Digital Edition will also see a jump from $449.99 to $499.99. Lastly, the premium PS5 Pro will leap from $699.99 to $749.99 – yikes.