Well, it was bound to happen. Sony has just announced that it will raise the price of all three PS5 models in the United States starting on August 21. The base PS5 (or PS5 Slim), PS5 Digital Edition and the PS5 Pro will now cost $50 more, or $549, $499 and $749 (respectively).
Other global markets have already experienced PS5 price hikes in recent times, so it was only a matter of time before it happened in the United States. This is also true considering how Microsoft raised the price of Xbox Series consoles back in May of this year. That’s small consolation, but it’s not surprising that Sony would eventually bump up the PS5’s price in the U.S.
PS5 price increases
- PS5 Digital Edition: $449 to $499
- PS5: $499 to $549
- PS5 Pro: $699 to $749
"Similar to many global businesses, we continue to navigate a challenging economic environment," said Isabelle Tomatis, Sony Interactive Entertainment's Vice President, Global Marketing in a statement (via IGN). "As a result, we’ve made the difficult decision to increase the recommended retail price for PlayStation 5 consoles in the U.S. starting on August 21."
If you’re reading this on August 20, then today is your last chance to get a PS5 for the current price. In fact, if you get the PS5 Astro Bot bundle for $449, that would actually be a $100 savings on the standalone base PS5 tomorrow. That might sound confusing, but suffice it to say you should seriously consider buying a PS5 today.
As IGN mentions, there is currently no word about Sony raising the price of PS5 peripherals. That’s important to keep in mind, given how Microsoft raised the price of similar Xbox products. Hopefully, we won’t see a price increase for devices like the DualSense Edge or Pulse Elite, but you might want to get those now in case Sony decides to bump up prices.
We’ll keep an eye on this story as it develops, so stay tuned for more!
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