Sony raises PS5 console prices in the US

Sony held out longer than Microsoft and Nintendo, but it too is increasing the prices of PlayStation consoles in the US starting on August 21. The standard PS5 (the one with with a disc drive) will now run you $550, up from $500. The Digital Edition is $500, up from $450. The PS5 Pro, meanwhile, will require you to fork over a whopping $750. That’s up from an already-eyewatering $700. In other words, each console got a $50 price bump.

Sony says it’s rolling out the price increases due to (you guessed it) market uncertainty. "Similar to many global businesses, we continue to navigate a challenging economic environment," it said in a blog post. "As a result, we’ve made the difficult decision to increase the recommended retail price for PlayStation 5 consoles in the US starting on August 21."

The silver lining to this is that Sony isn't increasing the prices of accessories for the time being. "We have no other price changes to announce for additional markets," the company added.

The company bumped up PS5 prices in the UK, Europe and Australia in April. It increased PS Plus prices in several markets that same month. So, it seemed the US was unlikely to be spared price hikes for much longer.

Normally by this point in a console’s lifecycle, we would have seen a price cut. But nope, nearly five years into this generation and those who haven’t snapped up a PS5 or Xbox Series X/S now face the prospect of having to shell out more money for the consoles. The same goes for the Nintendo Switch, but at this point you'd likely be better off with a Switch 2, which costs just $60 more.

This article originally appeared on Engadget at https://www.engadget.com/gaming/playstation/sony-raises-ps5-console-prices-in-the-us-153429564.html?src=rss https://www.engadget.com/gaming/playstation/sony-raises-ps5-console-prices-in-the-us-153429564.html?src=rss