Sony will increase the recommended retail price of all PlayStation 5 models in the United States by $50 starting August 21. The standard PS5 moves from $499.99 to $549.99, the Digital Edition from $449.99 to $499.99, and the PS5 Pro from $699.99 to $749.99. Accessories are not affected by the change. Sony cited a challenging economic environment as the reason for the decision. Earlier price hikes occurred in other territories this year; the U.S. was previously unchanged. Microsoft and Nintendo have also raised hardware prices, making this generation more expensive than at launch.
The PlayStation 5 got a price hike earlier this year in multiple territories, but the US market was surprisingly safe. However, it was only a brief respite because Sony has now announced that the US prices are also going up on August 21. Every model of PS5 is getting a $50 increase, meaning the cheapest entry point is now $500 which gets you the Digital Edition.
Of course, Sony isn't the only one raising prices as both Microsoft and Nintendo have bumped up the price of their hardware too. This has been the only generation of console where it is actually more expensive to buy one now than it was when they first launched. Wolf's Gaming Blog is run by one person - me! I enjoy doing what I do, and if you want to keep up with everything I post, sign up below!
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